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According to the public record, 24B, Teak Street, Middlesbrough is a period apartment with 462 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 24B, Teak Street, Middlesbrough is £44,825 and the estimated rental value is £393 per month.
The apartment is within 24, Teak Street, Middlesbrough, TS1.
Teak Street, Middlesbrough, TS1 is located within the TS1 postal district.
24B, Teak Street, Middlesbrough has no records in the the Land Registry and a single entry in the EPC database dated April 2018.
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 24B, Teak Street, Middlesbrough is in very good condition we estimate a sale value of £47,067 and a rental value of £413 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £41,688 and a rental value of £366 per month.
Over the last 12 months the sale value of 24B Teak Street Middlesbrough has increased by an estimated £703 (1.6%) and its rental value has increased by an estimated £7 per month (1.8%), giving an expected gross yield of 10.5%.
24B, Teak Street, Middlesbrough has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 23 Apr 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 24B, Teak Street, Middlesbrough within a radius of 390 metres over the last 2 years.
The most recent example is Apartment 2, Teesside House , Borough Road, Middlesbrough, TS1 2ET, a leasehold flat which sold for £100,000 on the 3rd October 2014.
Read more about house prices in TS1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Teak Street, Middlesbrough, TS1 has a total of 25 addresses. According to our analysis of all the public data, 24B, Teak Street, Middlesbrough is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £51k less expensive than the average property in TS1.
The closest station to 24B, Teak Street, Middlesbrough is Middlesbrough station which is 900 metres 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 24B, Teak Street, Middlesbrough, 64.8% of property is privately rented and 22.8% is socially 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 24B, Teak Street, Middlesbrough, 51.5% of residents are recorded as possessing school level qualifications and 41.0% 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 24B, Teak Street, Middlesbrough, the average age was 32 and the most common age was 22.
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 24B, Teak Street, 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 24B, Teak Street, Middlesbrough, there are an average of 0.4 cars per household.
See below for how this compares to North East and the rest of England & Wales.