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According to the public record, 7, Oakrise, Middlesbrough is a mid-century apartment with 473 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 7, Oakrise, Middlesbrough is £52,161 and the estimated rental value is £541 per month.
Oakrise, Ormesby, Middlesbrough, TS7 is located within the TS7 postal district.
7, Oakrise, Middlesbrough has no records in the the Land Registry and a single entry in the EPC database dated July 2013.
We combine this information with public data 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 7, Oakrise, Middlesbrough is in very good condition we estimate a sale value of £54,769 and a rental value of £568 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £48,509 and a rental value of £503 per month.
Over the last 12 months the sale value of 7 Oakrise Middlesbrough has increased by an estimated £1,010 (1.9%) and its rental value has increased by an estimated £10 per month (1.8%), giving an expected gross yield of 12.4%.
7, Oakrise, Middlesbrough has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Jul 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Oakrise, Middlesbrough within a radius of 620 metres over the last 2 years.
The most recent example is 19, Hornbeam Close, Middlesbrough, TS7 9PN, a leasehold flat which sold for £59,995 on the 11th August 2022.
Read more about house prices in TS7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oakrise, Ormesby, Middlesbrough, TS7 has a total of 21 addresses. According to our analysis of all the public data, 7, Oakrise, Middlesbrough is the 18th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £177k less expensive than the average property in TS7.
The closest station to 7, Oakrise, Middlesbrough is Marton station which is 2.0 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast 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 7, Oakrise, Middlesbrough, 56.1% of property is socially rented and 20.3% is privately owned outright.
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 7, Oakrise, Middlesbrough, 22.3% of residents are recorded as possessing school level qualifications and 19.3% 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 7, Oakrise, Middlesbrough, the average age was 43.8 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 7, Oakrise, 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 7, Oakrise, Middlesbrough, there are an average of 0.9 cars per household.
See below for how this compares to North East and the rest of England & Wales.