62, CLOUGH CLOSE, MIDDLESBROUGH, TS5 5DW - £60,000

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.

62 CLOUGH CLOSE is a midsized flat of 56m², built sometime between 2003 and 2006, which could now be worth an estimated £62,218. It was last sold for £60,000 in February 2024, which was around 17% below the average February 2024 flat price in the Middlesbrough local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

62 CLOUGH CLOSE Sold Prices

Land registry data shows two sales for 62 CLOUGH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Middlesbrough local authority area for the corresponding sale date. Both of the two 62 CLOUGH CLOSE 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 16 FEB	£60,000	£72,077	17% below HPI
2015 15 DEC	£60,000	£62,951	5% below HPI

What might 62 CLOUGH CLOSE be worth now?

62 CLOUGH CLOSE might now be worth an estimated £62,218.

This is based on house price inflation of 3.7%, between February 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 3.7% inflationary increase is applied to the most recent sale price for 62 CLOUGH CLOSE of £60,000 on 16th February 2024. For the value to have increased from £60,000 to £62,218 over the one year and ten months to April 2026, the following assumptions must hold true:

• The value of 62 CLOUGH CLOSE has moved in line with the HPI for flats in the Middlesbrough local authority area.
• The February 2024 sale price of £60,000 represented a fair market value for the property.
• The size, condition, and specification of 62 CLOUGH CLOSE has not materially changed since February 2024.

How Large is 62 CLOUGH CLOSE?

62 CLOUGH CLOSE is 56m² according to the EPC inspection conducted in October 2023. This puts it in the largest 50% of flats in Middlesbrough, based on EPC data. 49% of flats are smaller than 62 CLOUGH CLOSE, and 48% of flats are larger. Note that EPC data is not available for all properties in Middlesbrough.

62 CLOUGH CLOSE: Plot

62 CLOUGH CLOSE sits on a plot of roughly 0.312 of an acre, or 1,264m².

Where is 62 CLOUGH CLOSE?

62 CLOUGH CLOSE is located in MIDDLESBROUGH, in the TS5 postcode district.