8, CHANCEL WAY, MIDDLESBROUGH, TS6 9EA - £78,000

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.

8 CHANCEL WAY is a terraced house, which could now be worth an estimated £112,211. It was last sold for £78,000 in August 2015, which was around 7% below the average August 2015 terraced price in the Redcar and Cleveland local authority area.

8 CHANCEL WAY Sold Prices

Land registry data shows two sales for 8 CHANCEL WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Redcar and Cleveland local authority area for the corresponding sale date. Both of the two 8 CHANCEL 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
2015 17 AUG	£78,000	£84,304	7% below HPI
2006 13 OCT	£82,000	£90,398	9% below HPI

What might 8 CHANCEL WAY be worth now?

8 CHANCEL WAY might now be worth an estimated £112,211.

This is based on house price inflation of 43.9%, between August 2015 and April 2026, for terraced houses, in the Redcar and Cleveland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 43.9% inflationary increase is applied to the most recent sale price for 8 CHANCEL WAY of £78,000 on 17th August 2015. For the value to have increased from £78,000 to £112,211 over the eleven years and four months to April 2026, the following assumptions must hold true:

• The value of 8 CHANCEL WAY has moved in line with the HPI for terraced houses in the Redcar and Cleveland local authority area.
• The August 2015 sale price of £78,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHANCEL WAY has not materially changed since August 2015.

Where is 8 CHANCEL WAY?

8 CHANCEL WAY is located in MIDDLESBROUGH, in the TS6 postcode district.