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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 6, The Prospect, Middlesbrough is a early-century freehold house with 914 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 6, The Prospect, Middlesbrough is £188,180 and the estimated rental value is £944 per month.
The Prospect, Middlesbrough, TS5 is located within the TS5 postal district.
6, The Prospect, Middlesbrough has a single entry in the Land Registry from November 2022 and a single entry in the EPC database dated March 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 6, The Prospect, Middlesbrough is in very good condition we estimate a sale value of £197,589 and a rental value of £991 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £175,007 and a rental value of £878 per month.
Over the last 12 months the sale value of 6 The Prospect Middlesbrough has increased by an estimated £7,305 (3.9%) and its rental value has increased by an estimated £40 per month (4.3%), giving an expected gross yield of 6%.
6, The Prospect, Middlesbrough has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Mar 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 6, The Prospect, Middlesbrough was last sold on 1st November 2022 for £178,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2022, the market for similar properties has dropped 26.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, The Prospect, Middlesbrough within a radius of 570 metres over the last 2 years.
The most recent example is 4, The Prospect, Middlesbrough, TS5 7QZ, a freehold house which sold for £190,000 on the 12th July 2023.
Read more about house prices in TS5.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Prospect, Middlesbrough, TS5 has a total of 6 addresses. According to our analysis of all the public data, 6, The Prospect, Middlesbrough is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £53k more expensive than the average property in TS5.
The closest station to 6, The Prospect, Middlesbrough is James Cook University Hospital station which is 2.3 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 6, The Prospect, Middlesbrough, 48.5% of property is privately owned outright and 37.9% is privately owned with a mortgage.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 6, The Prospect, Middlesbrough, 23.0% of residents are recorded as possessing school level qualifications and 31.1% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 6, The Prospect, Middlesbrough, the average age was 41.5 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 6, The Prospect, Middlesbrough, 0.3% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 6, The Prospect, Middlesbrough, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.
