Average Price for property in Middlesbrough is around £141,499 which varies based on type of property you are interested in and ranges from £268,948 for detached house to around £137,891 for semi-detached. Similarly terraced house is around £83,547 and a flat is worth £113,625. Values have been changing and have risen £574 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £388 in last 6 months, £3,782 in last 1 year, £6,581 in last 2 years, £5,504 in last 3 years, £5,652 in last 4 years and £8,310 in last 5 years.
Currently average asking price of a property in Middlesbrough is around £165,016 based on approximately 1,767 properties for sale. Same is the case with rental options based on 393 properties up for rent, average asking rent is around £613 per month.
Estimated property value in Middlesbrough is £141,499. Average asking price is £165,016 while average price paid is £137,209 which is up by £3,782 and Avg. asking rent £613.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 Middlesbrough area. In last 1 year alone average price buyer paid is around £137,209 based on approximately 1,767 sales in Middlesbrough area alone. If you compare it to last 3 years sales of 5,261 properties where buyers paid around £132,088. 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 £129,491 for 8,719 and average amount paid for purchase of approx. 12,260 properties sold in last 7 years comes to about £127,454 per sale.