House Prices in TS7 House Prices in TS7 (Middlesbrough)

The average house price in TS7 (Middlesbrough) is £228,590 using HM Land Registry data.

The average property price increased by £46,743 (22.26%) over the last 5 years and increased by £9,366 (3.45%) over the last 12 months.

Over the last year, there were 263 residential property sales – a decrease of 104 transactions (-39.54%) relative to the previous year. The majority of house sales (81) were in the £160,000 - £220,000 range. Then came properties in the £220,000 - £280,000 range, where 41 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 75 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,617 (-3%).

In Oct 24, there were 44 new estate agency instructions, 51 agreed home sales and 34 property price reductions.

5-Year Average Property Prices in TS7 (Middlesbrough)

22.26%

Property prices in Middlesbrough increased by 22.26% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in TS7 (Middlesbrough) Over the Last Year

3.45%

Property prices in Middlesbrough increased by 3.45% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for TS7 (Middlesbrough) - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in TS7 (Middlesbrough)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in TS7 (Middlesbrough)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in TS7 (Middlesbrough)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the TS7 (Middlesbrough) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the TS7 postcode area since 1995.

Recent Sales in TS7 (Middlesbrough)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
38 Tasmania Square, Marton In Cleveland, Middlesbrough, TS7 8NS£220,000£220,000£0025 Apr 202421 Aug 2024118 Days
19 Boston Drive, Marton In Cleveland, Middlesbrough, TS7 8LZ£250,000£230,000-£20,00025 Mar 202415 Aug 2024143 Days
10 Montrose Close, Marton In Cleveland, Middlesbrough, TS7 8LA£220,000£208,000-£12,00029 Apr 202407 Aug 2024100 Days
14 Calluna Grove, Marton In Cleveland, Middlesbrough, TS7 8SP£185,000£185,000£0018 Apr 202415 Jul 202488 Days
12 Northbank Crescent, Ormesby, Middlesbrough, Redcar And Cleveland, TS7 9EU£150,000£149,500-£50019 Apr 202415 Jul 202487 Days
27 Longbank Road, Ormesby, Middlesbrough, Redcar And Cleveland, TS7 9EX£190,000£185,000-£5,00008 Feb 202412 Jul 2024155 Days
3 Kennthorpe, Nunthorpe, Middlesbrough, TS7 0PS£140,000£135,000-£5,00027 Nov 202310 Jul 2024226 Days
10 Sorrel Court, Marton In Cleveland, Middlesbrough, TS7 8RZ£225,000£210,000-£15,00014 Aug 202309 Jul 2024330 Days
11 Rush Gardens, Nunthorpe, Middlesbrough, Redcar And Cleveland, TS7 0GU£374,950£370,000-£4,95006 Sep 202305 Jul 2024303 Days
26 Levington Wynd, Nunthorpe, Middlesbrough, TS7 0QD£250,000£245,000-£5,00003 Jan 202404 Jul 2024183 Days
22 Claremont Drive, Marton In Cleveland, Middlesbrough, TS7 8ND£365,000£362,500-£2,50021 Mar 202428 Jun 202499 Days
11 Warcop Close, Nunthorpe, Middlesbrough, TS7 0QH£360,000£355,000-£5,00016 Feb 202421 Jun 2024126 Days
11 Trefoil Wood, Marton In Cleveland, Middlesbrough, TS7 8RR£185,000£175,000-£10,00030 Nov 202314 Jun 2024197 Days
98 Chestnut Drive, Marton In Cleveland, Middlesbrough, TS7 8BY£175,000£172,000-£3,00007 Mar 202414 Jun 202499 Days
11 Byland Road, Nunthorpe, Middlesbrough, Redcar And Cleveland, TS7 0HA£190,000£187,500-£2,50007 Mar 202410 Jun 202495 Days
7 Claremont Drive, Marton In Cleveland, Middlesbrough, TS7 8ND£425,000£415,000-£10,00010 Jan 202407 Jun 2024149 Days
7 North Drive, Ormesby, Middlesbrough, Redcar And Cleveland, TS7 9BW£154,950£135,000-£19,95023 Jan 202407 Jun 2024136 Days
37 Canberra Road, Marton In Cleveland, Middlesbrough, TS7 8ES£165,000£162,500-£2,50004 Dec 202304 Jun 2024183 Days
12 Sunstar Grove, Marton In Cleveland, Middlesbrough, TS7 8RP£135,000£135,000£0019 Jan 202431 May 2024133 Days
159 Guisborough Road, Nunthorpe, Middlesbrough, TS7 0JQ£295,000£277,000-£18,00023 Aug 202331 May 2024282 Days

Most Expensive Streets in TS7 (Middlesbrough)

PostcodeStreetAreaAverageNo. of Sales
TS7 0AXUpsall Grange Gardens, NunthorpeMiddlesbrough£796,3857
TS7 0PDChurch Lane, NunthorpeMiddlesbrough£741,8007
TS7 0GGWyke Lane, NunthorpeMiddlesbrough£640,0004
TS7 0JUMorton Carr Lane, NunthorpeMiddlesbrough£625,0003
TS7 8AJThe Grove, Marton In ClevelandMiddlesbrough£621,6663
TS7 0GBCollingham Drive, NunthorpeMiddlesbrough£614,1666
TS7 8ALThe Grove, Marton In ClevelandMiddlesbrough£583,7504
TS7 0DHSessay Grange, NunthorpeMiddlesbrough£502,59329
TS7 0GANunthorpe Gardens, NunthorpeMiddlesbrough£490,9166
TS7 0GHInnes Court, NunthorpeMiddlesbrough£486,2504

Least Expensive Streets in TS7 (Middlesbrough)

PostcodeStreetAreaAverageNo. of Sales
TS7 9PNHornbeam Close, OrmesbyMiddlesbrough£61,7498
TS7 8SRCoris Close, Marton In ClevelandMiddlesbrough£63,1258
TS7 0PPRoseberry Mews, NunthorpeMiddlesbrough£66,15616
TS7 9NEAinstable Road, OrmesbyMiddlesbrough£70,3005
TS7 9JJThursby Drive, OrmesbyMiddlesbrough£71,0003
TS7 8QJRoundsway, Marton In ClevelandMiddlesbrough£73,5003
TS7 9NGAlwinton Court, OrmesbyMiddlesbrough£78,1258
TS7 8NUDixons Bank, Marton In ClevelandMiddlesbrough£79,52619
TS7 8SQColumbine Close, Marton In ClevelandMiddlesbrough£81,89510
TS7 9PHCherry Tree Close, OrmesbyMiddlesbrough£83,5333

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