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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, 68, Bankfields Road, Middlesbrough is a mid-century leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 68, Bankfields Road, Middlesbrough is £38,179 and the estimated rental value is £367 per month.
Bankfields Road, Middlesbrough, TS6 is located within the TS6 postal district.
68, Bankfields Road, Middlesbrough has a single entry in the Land Registry from August 2023 and a single entry in the EPC database dated February 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 68, Bankfields Road, Middlesbrough is in very good condition we estimate a sale value of £40,088 and a rental value of £386 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £35,506 and a rental value of £341 per month.
Over the last 12 months the sale value of 68 Bankfields Road Middlesbrough has increased by an estimated £790 (2.1%) and its rental value has increased by an estimated £7 per month (2.0%), giving an expected gross yield of 11.5%.
68, Bankfields Road, Middlesbrough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 27 Feb 2023.
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, 68, Bankfields Road, Middlesbrough was last sold on 14th August 2023 for £37,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2023, the market for similar properties has risen 73.2%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 68, Bankfields Road, Middlesbrough within a radius of 520 metres over the last 2 years.
The most recent example is 29, Sedgemoor Road, Middlesbrough, TS6 0TZ, a leasehold flat which sold for £49,000 on the 21st December 2023.
Read more about house prices in TS6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bankfields Road, Middlesbrough, TS6 has a total of 119 addresses. According to our analysis of all the public data, 68, Bankfields Road, Middlesbrough is the 78th largest and the 106th most expensive property on the street.
When compared to the postcode district it is £116k less expensive than the average property in TS6.
The closest station to 68, Bankfields Road, Middlesbrough is Gypsy Lane station which is 3.1 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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 68, Bankfields Road, Middlesbrough, 51.9% of property is socially rented and 18.8% is privately rented.
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 68, Bankfields Road, Middlesbrough, 28.4% of residents are recorded as possessing school level qualifications and 15.3% 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 68, Bankfields Road, Middlesbrough, the average age was 43.6 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 68, Bankfields Road, Middlesbrough, 0.0% 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 68, Bankfields Road, Middlesbrough, there are an average of 0.5 cars per household.
See below for how this compares to North East and the rest of England & Wales.
