52, MADDREN WAY, MIDDLESBROUGH, TS5 5BD - £55,000

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.

52 MADDREN WAY is a very small flat of 30m², built sometime between 2003 and 2006, which could now be worth an estimated £53,346. It was last sold for £55,000 in October 2022, which was around 28% below the average October 2022 flat price in the Middlesbrough local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

52 MADDREN WAY Sold Prices

Land registry data shows four sales for 52 MADDREN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Middlesbrough local authority area for the corresponding sale date. Most of the four 52 MADDREN WAY sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 21 OCT	£55,000	£76,877	28% below HPI
2007 24 AUG	£90,000	£82,325	9% above HPI
2007 8 JUN	£90,000	£80,716	12% above HPI
2006 23 JUN	£77,500	£77,073	1% above HPI

What might 52 MADDREN WAY be worth now?

52 MADDREN WAY might now be worth an estimated £53,346.

This is based on house price deflation of 3%, between October 2022 and May 2026, for flats, in the Middlesbrough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3% deflationary decrease is applied to the most recent sale price for 52 MADDREN WAY of £55,000 on 21st October 2022. For the value to have decreased from £55,000 to £53,346 over the four years and five months to May 2026, the following assumptions must hold true:

• The value of 52 MADDREN WAY has moved in line with the HPI for flats in the Middlesbrough local authority area.
• The October 2022 sale price of £55,000 represented a fair market value for the property.
• The size, condition, and specification of 52 MADDREN WAY has not materially changed since October 2022.

How Large is 52 MADDREN WAY?

52 MADDREN WAY is 30m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% of flats in Middlesbrough, based on EPC data. 1% of flats are smaller than 52 MADDREN WAY, and 99% of flats are larger. Note that EPC data is not available for all properties in Middlesbrough.

52 MADDREN WAY: Plot

52 MADDREN WAY sits on a plot of roughly 0.451 of an acre, or 1,824m².

Where is 52 MADDREN WAY?

52 MADDREN WAY is located in MIDDLESBROUGH, in the TS5 postcode district.