5, SOUTHGATE, MIDDLESBROUGH, TS6 8HU - £50,550

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 SOUTHGATE is a detached house, which could now be worth an estimated £159,393. It was last sold for £50,550 in May 2000, which was around 39% below the average May 2000 detached price in the Redcar and Cleveland local authority area.

5 SOUTHGATE Sold Prices

Land registry data shows one sale for 5 SOUTHGATE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2000 12 MAY	£50,550	£82,411	39% below HPI

What might 5 SOUTHGATE be worth now?

5 SOUTHGATE might now be worth an estimated £159,393.

This is based on house price inflation of 215.3%, between May 2000 and May 2026, for detached houses, in the Redcar and Cleveland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 215.3% inflationary increase is applied to the most recent sale price for 5 SOUTHGATE of £50,550 on 12th May 2000. For the value to have increased from £50,550 to £159,393 over the 26 years to May 2026, the following assumptions must hold true:

• The value of 5 SOUTHGATE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The May 2000 sale price of £50,550 represented a fair market value for the property.
• The size, condition, and specification of 5 SOUTHGATE has not materially changed since May 2000.

Where is 5 SOUTHGATE?

5 SOUTHGATE is located in MIDDLESBROUGH, in the TS6 postcode district.