House Prices in TS8 House Prices in TS8 (Middlesbrough)

The average house price in TS8 (Middlesbrough) is £251,350 using HM Land Registry data.

The average property price increased by £10,204 (21.78%) over the last 5 years and increased by £2,040 (3.38%) over the last 12 months.

Over the last year, there were 223 residential property sales – a decrease of 106 transactions (-47.53%) relative to the previous year. The majority of house sales (55) were in the £130,000 - £170,000 range. Then came properties in the £170,000 - £210,000 range, where 53 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 53 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,260 (-2%).

In June 2024, there were 48 new estate agency instructions, 23 agreed home sales and 36 property price reductions.

5-Year Average Property Prices in TS8 (Middlesbrough)

21.78%

Property prices in Middlesbrough increased by 21.78% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in TS8 (Middlesbrough) Over the Last Year

3.38%

Property prices in Middlesbrough increased by 3.38% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for TS8 (Middlesbrough) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in TS8 (Middlesbrough)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in TS8 (Middlesbrough)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in TS8 (Middlesbrough)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the TS8 (Middlesbrough) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TS8 postcode area since 1995.

Recent Sales in TS8 (Middlesbrough)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
2 Dewberry, Coulby Newham, Middlesbrough, TS8 0XH£270,000£270,000£0030 Nov 202310 May 2024162 Days
23 High Rifts, Stainton, Middlesbrough, TS8 9BG£330,000£325,000-£5,00009 Nov 202326 Apr 2024169 Days
8 Grange Wood, Coulby Newham, Middlesbrough, TS8 0RT£225,000£220,000-£5,00024 Nov 202312 Apr 2024140 Days
25 Bonny Grove, Marton In Cleveland, Middlesbrough, TS8 9QZ£325,000£317,500-£7,50010 Aug 202322 Mar 2024225 Days
11 Pexton Close, Hemlington, Middlesbrough, TS8 9RB£230,000£220,000-£10,00012 Jun 202322 Mar 2024284 Days
36 Nuneaton Drive, Hemlington, Middlesbrough, TS8 9PR£150,000£140,000-£10,00028 Nov 202329 Feb 202493 Days
Thornton Bridge Farm, Seamer Road, Stainton, Middlesbrough, North Yorkshire, TS8 0AX£1,250,000£1,125,000-£125,00007 Sep 202326 Feb 2024172 Days
30 Spaunton Close, Hemlington, Middlesbrough, TS8 9RE£182,000£182,000£0016 Nov 202326 Feb 2024102 Days
30 Raydale, Hemlington, Middlesbrough, TS8 9SB£87,000£84,000-£3,00006 Jul 202307 Feb 2024216 Days
23 Eagle Park, Marton In Cleveland, Middlesbrough, TS8 9NS£230,000£220,000-£10,00008 Aug 202302 Feb 2024178 Days
76 Cedarwood Glade, Stainton, Middlesbrough, TS8 9DL£130,000£127,000-£3,00001 Oct 202330 Jan 2024121 Days
7 Darwen Court, Hemlington, Middlesbrough, TS8 9JF£69,950£68,000-£1,95008 Aug 202315 Jan 2024160 Days
12 Swallowfields, Coulby Newham, Middlesbrough, TS8 0UH£185,000£177,500-£7,50007 Aug 202312 Jan 2024158 Days
31 Dewberry, Coulby Newham, Middlesbrough, TS8 0XH£380,000£370,000-£10,00010 Jul 202308 Jan 2024182 Days
Lyngarth, High Lane, Maltby, Middlesbrough, Stockton-on-tees, TS8 0BA£550,000£550,000£0018 Sep 202305 Jan 2024109 Days
115 Coulby Manor Farm, Coulby Newham, Middlesbrough, TS8 0RZ£175,000£170,000-£5,00012 Sep 202305 Jan 2024115 Days
47 Northleach Drive, Hemlington, Middlesbrough, TS8 9PP£140,000£137,500-£2,50023 Jun 202305 Jan 2024196 Days
71 The Pastures, Coulby Newham, Middlesbrough, TS8 0UL£230,000£230,000£0009 Nov 202321 Dec 202342 Days
290 Eagle Park, Marton In Cleveland, Middlesbrough, TS8 9QS£260,000£250,000-£10,00026 Jul 202318 Dec 2023145 Days
44 Blackthorn, Coulby Newham, Middlesbrough, TS8 0XD£190,000£190,000£0012 Jul 202308 Dec 2023149 Days

Most Expensive Streets in TS8 (Middlesbrough)

PostcodeStreetAreaAverageNo. of Sales
TS8 9RZDe Brus Park, Marton In ClevelandMiddlesbrough£883,3333
TS8 9EDBrass Castle Lane, NunthorpeMiddlesbrough£746,6663
TS8 9ADMarwood Wynd, StaintonMiddlesbrough£668,3333
TS8 0BXPennyman Green, MaltbyMiddlesbrough£490,3333
TS8 0BAHigh Lane, MaltbyMiddlesbrough£460,0003
TS8 0BGHigh Lane, MaltbyMiddlesbrough£424,8754
TS8 0AQNewbyMiddlesbrough£421,8004
TS8 9BNGreenacres, StaintonMiddlesbrough£391,6663
TS8 0SJWoodvale, Coulby NewhamMiddlesbrough£354,8205
TS8 9BUMaltby Road, ThorntonMiddlesbrough£351,6663

Least Expensive Streets in TS8 (Middlesbrough)

PostcodeStreetAreaAverageNo. of Sales
TS8 9ETEnderby Gardens, HemlingtonMiddlesbrough£56,5003
TS8 9EUFonteyn Court, HemlingtonMiddlesbrough£60,3754
TS8 9JBDallas Court, HemlingtonMiddlesbrough£65,6663
TS8 9NBMelton Walk, HemlingtonMiddlesbrough£66,2504
TS8 9JRBrabourn Gardens, HemlingtonMiddlesbrough£67,3333
TS8 0RFSunnyside, Coulby NewhamMiddlesbrough£72,0005
TS8 0TDLonghirst, Coulby NewhamMiddlesbrough£72,6663
TS8 0TBLonghirst, Coulby NewhamMiddlesbrough£73,6663
TS8 9JFDarwen Court, HemlingtonMiddlesbrough£76,0003
TS8 9JSBrabourn Gardens, HemlingtonMiddlesbrough£76,3333

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