60, MADDREN WAY, MIDDLESBROUGH, TS5 5BD - £56,500

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.

60 MADDREN WAY is a very small flat of 37m², built sometime between 1996 and 2002, which could now be worth an estimated £56,802. It was last sold for £56,500 in May 2024, which was around 24% below the average May 2024 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.

60 MADDREN WAY Sold Prices

Land registry data shows three sales for 60 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 60 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 3 MAY	£56,500	£74,343	24% below HPI
2020 6 MAR	£39,000	£60,804	36% below HPI
2006 18 JUL	£75,500	£76,679	2% below HPI

What might 60 MADDREN WAY be worth now?

60 MADDREN WAY might now be worth an estimated £56,802.

This is based on house price inflation of 0.5%, between May 2024 and April 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 0.5% inflationary increase is applied to the most recent sale price for 60 MADDREN WAY of £56,500 on 3rd May 2024. For the value to have increased from £56,500 to £56,802 over the two years and one month to April 2026, the following assumptions must hold true:

• The value of 60 MADDREN WAY has moved in line with the HPI for flats in the Middlesbrough local authority area.
• The May 2024 sale price of £56,500 represented a fair market value for the property.
• The size, condition, and specification of 60 MADDREN WAY has not materially changed since May 2024.

How Large is 60 MADDREN WAY?

60 MADDREN WAY is 37m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 10% of flats in Middlesbrough, based on EPC data. 7% of flats are smaller than 60 MADDREN WAY, and 92% of flats are larger. Note that EPC data is not available for all properties in Middlesbrough.

60 MADDREN WAY: Plot

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

Where is 60 MADDREN WAY?

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