56, MADDREN WAY, MIDDLESBROUGH, TS5 5BD - £48,000

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.

56 MADDREN WAY is a very small flat of 36m², built sometime between 2003 and 2006, which could now be worth an estimated £47,618. It was last sold for £48,000 in June 2024, which was around 36% below the average June 2024 flat price in the Middlesbrough local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was C.

56 MADDREN WAY Sold Prices

Land registry data shows three sales for 56 MADDREN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Middlesbrough local authority area for the corresponding sale date. All of the three 56 MADDREN WAY sales were for below 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
2024 13 JUN	£48,000	£75,163	36% below HPI
2022 30 SEP	£49,950	£77,390	35% below HPI
2006 23 JUN	£76,500	£77,073	1% below HPI

What might 56 MADDREN WAY be worth now?

56 MADDREN WAY might now be worth an estimated £47,618.

This is based on house price deflation of 0.8%, between June 2024 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 0.8% deflationary decrease is applied to the most recent sale price for 56 MADDREN WAY of £48,000 on 13th June 2024. For the value to have decreased from £48,000 to £47,618 over the two years and one month to May 2026, the following assumptions must hold true:

• The value of 56 MADDREN WAY has moved in line with the HPI for flats in the Middlesbrough local authority area.
• The June 2024 sale price of £48,000 represented a fair market value for the property.
• The size, condition, and specification of 56 MADDREN WAY has not materially changed since June 2024.

How Large is 56 MADDREN WAY?

56 MADDREN WAY is 36m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of flats in Middlesbrough, based on EPC data. 6% of flats are smaller than 56 MADDREN WAY, and 93% of flats are larger. Note that EPC data is not available for all properties in Middlesbrough.

56 MADDREN WAY: Plot

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

Where is 56 MADDREN WAY?

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