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Middlesbrough House Prices Middlesbrough House Prices

The average house price in Middlesbrough is £162,036 using HM Land Registry data.

The average property price increased by £25,750 (17.48%) over the last 5 years and increased by £5,146 (3.06%) over the last 12 months.

Over the last year, there were 1,336 residential property sales – a decrease of 781 transactions (-58.46%) relative to the previous year. The majority of house sales (287) were in the £60,000 - £104,000 range. Then came properties in the £104,000 - £148,000 range, where 285 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 73 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,225 (-2%).

In April 2024, there were 285 new estate agency instructions, 150 agreed home sales and 114 property price reductions.

Neighbouring Areas: Billingham, Eston, Thornaby-on-Tees

Postcodes Covered: TS1, TS17, TS2, TS3, TS4, TS5, TS6, TS7, TS8

5-Year Average Property Prices in Middlesbrough

17.48%

Property prices in Middlesbrough increased by 17.48% 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

3.06%

Property prices in Middlesbrough increased by 3.06% 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 Middlesbrough - April 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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
63 Mandale Road, Middlesbrough, TS5 8AE£180,000£165,000-£15,00004 Oct 202319 Mar 2024167 Days
9 Wycherley Avenue, Middlesbrough, TS5 5HH£250,000£235,000-£15,00027 Sep 202315 Mar 2024170 Days
32 Glendale Road, Middlesbrough, TS5 7QB£160,000£152,000-£8,00031 May 202308 Mar 2024282 Days
11 Rievaulx Drive, Middlesbrough, TS5 7NA£155,000£152,500-£2,50030 Oct 202307 Mar 2024129 Days
1 Greencroft Walk, Middlesbrough, TS3 0EX£110,000£103,500-£6,50016 Nov 202305 Mar 2024110 Days
4 Ida Road, Middlesbrough, TS3 7AD£130,000£125,000-£5,00025 Apr 202301 Mar 2024311 Days
24 Cambridge Avenue, Marton In Cleveland, Middlesbrough, TS7 8EJ£385,000£385,000£0007 Jun 202329 Feb 2024267 Days
56 Barker Road, Middlesbrough, TS5 5ES£220,000£190,000-£30,00012 Oct 202329 Feb 2024140 Days
11 Kingston Avenue, Middlesbrough, TS5 7RS£230,000£230,000£0011 Oct 202329 Feb 2024141 Days
599 Marton Road, Middlesbrough, TS4 3SD£230,000£224,000-£6,00029 Nov 202323 Feb 202486 Days
6 Connaught Road, Middlesbrough, TS5 4AP£81,950£81,950£0015 Aug 202323 Feb 2024192 Days
163 Ormesby Bank, Ormesby, Middlesbrough, Redcar And Cleveland, TS7 9HP£275,000£260,000-£15,00013 Oct 202322 Feb 2024132 Days
45 Harrow Road, Middlesbrough, TS5 5NT£750,000£740,000-£10,00003 Jul 202322 Feb 2024234 Days
7 Towthorpe, Nunthorpe, Middlesbrough, TS7 0PY£180,000£180,000£0026 Dec 202320 Feb 202456 Days
16 Belmont Avenue, Middlesbrough, TS5 8EN£180,000£180,000£0023 Jun 202320 Feb 2024242 Days
8 Hurworth Road, Middlesbrough, TS4 3DW£140,000£130,000-£10,00020 Oct 202319 Feb 2024122 Days
4 Keith Road, Middlesbrough, TS4 2XA£84,950£84,000-£95007 Sep 202316 Feb 2024162 Days
16 Okehampton Drive, Marton In Cleveland, Middlesbrough, TS7 8JT£365,000£365,000£0018 Aug 202316 Feb 2024182 Days
34 Boston Drive, Marton In Cleveland, Middlesbrough, TS7 8LZ£295,000£292,500-£2,50016 Nov 202312 Feb 202488 Days
12 Bayberry Mews, Middlesbrough, TS5 7RG£87,500£85,000-£2,50030 Jul 202309 Feb 2024194 Days

Most Expensive Streets in Middlesbrough

PostcodeStreetAreaAverageNo. of Sales
TS7 0PDChurch LaneNunthorpe£682,1006
TS7 0GGWyke LaneNunthorpe£640,0004
TS7 8AJThe GroveMarton In Cleveland£621,6663
TS7 0GBCollingham DriveNunthorpe£602,8577
TS7 8ALThe GroveMarton In Cleveland£583,7504
TS5 7YZLadgate LaneMiddlesbrough£511,2504
TS7 0JUMorton Carr LaneNunthorpe£505,0005
TS7 0DHSessay GrangeNunthorpe£502,59329
TS7 0GANunthorpe GardensNunthorpe£496,3754
TS7 0GHInnes CourtNunthorpe£486,2504

Least Expensive Streets in Middlesbrough

PostcodeStreetAreaAverageNo. of Sales
TS3 6NTWarton StreetMiddlesbrough£36,1993
TS1 4ERSelbourne StreetMiddlesbrough£36,6663
TS1 1LSCorporation RoadMiddlesbrough£36,8124
TS1 4ELOutram StreetMiddlesbrough£37,5707
TS1 4DGPeel StreetMiddlesbrough£37,7685
TS3 0QNNetherfields CrescentMiddlesbrough£38,8577
TS1 4SNLaycock StreetMiddlesbrough£39,3333
TS3 6QJJubilee StreetMiddlesbrough£40,0717
TS1 4EHEnfield StreetMiddlesbrough£40,86311
TS1 4EPLovaine StreetMiddlesbrough£41,6663

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