78, MADDREN WAY, MIDDLESBROUGH, TS5 5BD - £80,000

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.

78 MADDREN WAY is a large flat of 63m², built sometime between 1996 and 2002, which could now be worth an estimated £79,666. It was last sold for £80,000 in October 2023, which was around 7% above the average October 2023 flat price in the Middlesbrough local authority area. The most recent EPC inspection was August 2018, where the current energy rating was C, and the potential energy rating was C.

78 MADDREN WAY Sold Prices

Land registry data shows three sales for 78 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 78 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
2023 27 OCT	£80,000	£74,878	7% above HPI
2018 13 JUL	£100,000	£63,749	57% above HPI
2007 31 OCT	£125,000	£80,898	55% above HPI

What might 78 MADDREN WAY be worth now?

78 MADDREN WAY might now be worth an estimated £79,666.

This is based on house price deflation of 0.4%, between October 2023 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 0.4% deflationary decrease is applied to the most recent sale price for 78 MADDREN WAY of £80,000 on 27th October 2023. For the value to have decreased from £80,000 to £79,666 over the three years and five months to May 2026, the following assumptions must hold true:

• The value of 78 MADDREN WAY has moved in line with the HPI for flats in the Middlesbrough local authority area.
• The October 2023 sale price of £80,000 represented a fair market value for the property.
• The size, condition, and specification of 78 MADDREN WAY has not materially changed since October 2023.

How Large is 78 MADDREN WAY?

78 MADDREN WAY is 63m² according to the EPC inspection conducted in August 2018. This puts it in the largest 40% of flats in Middlesbrough, based on EPC data. 64% of flats are smaller than 78 MADDREN WAY, and 32% of flats are larger. Note that EPC data is not available for all properties in Middlesbrough.

78 MADDREN WAY: Plot

78 MADDREN WAY sits on a plot of roughly 8.3 acres, or 33,621m².

Where is 78 MADDREN WAY?

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