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Middlesbrough House Prices

The average house price in Middlesbrough is £149,972 using HM Land Registry data.

The average property price increased by £24,975 (16.78%) over the last 5 years and increased by £4,993 (2.96%) over the last 12 months.

Over the last year, there were 1,326 residential property sales – a decrease of 719 transactions (-54.22%) relative to the previous year. The majority of house sales (292) were in the £60,000 - £104,000 range. Then came properties in the £104,000 - £148,000 range, where 279 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 59 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,225 (-2%).

In June 2024, there were 291 new estate agency instructions, 195 agreed home sales and 163 property price reductions.

5-Year Average Property Prices in Middlesbrough

16.78%

Property prices in Middlesbrough increased by 16.78% 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 Middlesbrough Over the Last Year

2.96%

Property prices in Middlesbrough increased by 2.96% 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.

Property Market Heat Gauge for 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 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 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 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 Middlesbrough since 1995

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

Recent Property Sales in Middlesbrough

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
3 Carisbrooke Avenue, Middlesbrough, TS3 9LD	£69,950	£65,000	-£4,950	19 Apr 2023	30 May 2024	407 Days
34 Sedgefield Road, Middlesbrough, TS5 8JP	£165,000	£160,000	-£5,000	04 Mar 2024	15 May 2024	72 Days
30 Hesleden Avenue, Middlesbrough, TS5 8RD	£195,000	£195,000	£00	26 Dec 2023	14 May 2024	140 Days
8 Lichfield Road, Middlesbrough, TS5 6QA	£139,950	£139,950	£00	20 Oct 2023	10 May 2024	203 Days
433 Acklam Road, Middlesbrough, TS5 7HB	£460,000	£450,000	-£10,000	21 Mar 2023	10 May 2024	416 Days
41 Aysgarth Road, Middlesbrough, TS5 5DQ	£45,500	£43,250	-£2,250	17 Nov 2023	10 May 2024	175 Days
2 Dewberry, Coulby Newham, Middlesbrough, TS8 0XH	£270,000	£270,000	£00	30 Nov 2023	10 May 2024	162 Days
6 Cleveland Close, Ormesby, Middlesbrough, Redcar And Cleveland, TS7 9BX	£279,950	£265,000	-£14,950	30 Jan 2024	02 May 2024	93 Days
46 Mulgrave Road, Middlesbrough, TS5 6PT	£145,000	£138,000	-£7,000	23 Oct 2023	02 May 2024	192 Days
3 Sedgefield Road, Middlesbrough, TS5 8JN	£180,000	£175,000	-£5,000	08 Dec 2023	30 Apr 2024	144 Days
65b, Gypsy Lane, Nunthorpe, Middlesbrough, Redcar And Cleveland, TS7 0DR	£245,000	£245,000	£00	17 Jan 2024	26 Apr 2024	100 Days
151 Earlsdon Avenue, Middlesbrough, TS5 8TA	£155,000	£155,000	£00	11 Dec 2023	26 Apr 2024	137 Days
77 Green Lane, Middlesbrough, TS5 7SN	£155,000	£152,500	-£2,500	12 Dec 2023	26 Apr 2024	136 Days
2 Welland Close, Middlesbrough, TS5 8JG	£169,950	£165,000	-£4,950	25 Jan 2024	26 Apr 2024	92 Days
4 Lincombe Drive, Middlesbrough, TS5 8EY	£185,000	£185,000	£00	01 Feb 2024	18 Apr 2024	77 Days
34 Ampleforth Road, Middlesbrough, TS3 7PU	£90,000	£85,000	-£5,000	25 Jan 2024	15 Apr 2024	81 Days
16 Ledbury Drive, Middlesbrough, TS5 8ES	£190,000	£187,500	-£2,500	29 Nov 2023	15 Apr 2024	138 Days
236 Broadwell Road, Middlesbrough, TS4 3QJ	£120,000	£108,900	-£11,100	05 Feb 2024	12 Apr 2024	67 Days
16 Lamonby Close, Nunthorpe, Middlesbrough, TS7 0QG	£205,000	£205,000	£00	17 Oct 2023	12 Apr 2024	178 Days
177 Oxford Road, Middlesbrough, TS5 5EG	£145,000	£140,000	-£5,000	11 Sep 2023	12 Apr 2024	214 Days

Most Expensive Streets in Middlesbrough

Postcode	Street	Area	Average	No. of Sales
TS7 0PD	Church Lane	Nunthorpe	£682,100	6
TS7 0GG	Wyke Lane	Nunthorpe	£640,000	4
TS7 8AJ	The Grove	Marton In Cleveland	£621,666	3
TS7 0GB	Collingham Drive	Nunthorpe	£602,857	7
TS7 8AL	The Grove	Marton In Cleveland	£583,750	4
TS7 0JU	Morton Carr Lane	Nunthorpe	£561,250	4
TS5 7YZ	Ladgate Lane	Middlesbrough	£511,250	4
TS7 0DH	Sessay Grange	Nunthorpe	£502,593	29
TS7 0GA	Nunthorpe Gardens	Nunthorpe	£492,100	5
TS7 0GH	Innes Court	Nunthorpe	£486,250	4

Least Expensive Streets in Middlesbrough

Postcode	Street	Area	Average	No. of Sales
TS3 6NT	Warton Street	Middlesbrough	£36,199	3
TS1 1LS	Corporation Road	Middlesbrough	£36,416	3
TS1 4ER	Selbourne Street	Middlesbrough	£36,666	3
TS1 4EL	Outram Street	Middlesbrough	£37,499	6
TS1 4DG	Peel Street	Middlesbrough	£37,768	5
TS3 0QN	Netherfields Crescent	Middlesbrough	£38,857	7
TS1 4SN	Laycock Street	Middlesbrough	£39,333	3
TS1 4JT	Cadogan Street	Middlesbrough	£39,833	3
TS3 6QJ	Jubilee Street	Middlesbrough	£40,071	7
TS1 4EH	Enfield Street	Middlesbrough	£40,863	11