Borough Road, Middlesbrough, TS1

Street Guide For Borough Road, Middlesbrough, TS1

 

Borough Road, Middlesbrough, TS1 Map

Estimated Price: £127,818
Average Asking Price: £73,469
Price change in last one year: £3,710
Average Price Paid: £112,111
Average Rent Rates: £607

 

Property Prices Breakdown in Borough Road, Middlesbrough, TS1

Average Price for property in Borough Road, Middlesbrough, TS1 is around £127,818 which varies based on type of property you are interested in and ranges from £108,447 for semi-detached to around £128,837 for terraced house. Values have been changing and have risen £197 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,054 in last 6 months, £3,710 in last 1 year, £6,361 in last 2 years, £1,926 in last 3 years, £4,672 in last 4 years and £3,900 in last 5 years.

Currently average asking price of a property in Borough Road, Middlesbrough, TS1 is around £73,469 based on approximately 2 properties for sale. Same is the case with rental options based on 174 properties up for rent, average asking rent is around £607 per month.

Estimated property value in Borough Road, Middlesbrough, TS1 is £127,818. Average asking price is £73,469 while average price paid is £109,250 which is up by £3,710 and Avg. asking rent £607.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Borough Road, Middlesbrough, TS1 area. In last 1 year alone average price buyer paid is around £109,250 based on approximately 2 sales in Borough Road, Middlesbrough, TS1 area alone. If you compare it to last 3 years sales of 6 properties where buyers paid around £99,750. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £112,111 for 9 and average amount paid for purchase of approx. 14 properties sold in last 7 years comes to about £123,975 per sale.

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 2 bedroom is around £57,943, £67,259 for a 3 bedroom house, £120,825 for a 4 bedroom house and £107,500 for a 5 bedroom house. For a flat similarly the prices varies from £59,950 for a single bedroom to £92,490 for a 2 bedroom Flat. To sum up the asking prices for properties in Borough Road, Middlesbrough, TS1 it comes to around average £59,950 for 1 bedroom property, £60,973 for 2 bedroom, £67,259 for 3 bedroom, £120,825 for 4 bedroom and £107,500 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £306 for 1 bedroom to £376 for 2 bedrooms, £364 for 3 bedrooms, £422 for 4 bedrooms and £317 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £395. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £403. You should be generally be expecting around average £343 rent per month for single bedroom property, £377 for 2 bedroom, £364 for 3 bedroom, £422 for 4 bedroom and approximately £317 for a 5 bedroom property in Borough Road, Middlesbrough, TS1 area.

Popular Houses in Borough Road, Middlesbrough, TS1

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Borough Road, Middlesbrough, TS1