The average property value in Middlesbrough is £151,268 according to property sale data for the year ending June 2021 published by HM Land Registry. Between the years ending June 2020 and June 2021, property values in Middlesbrough grew by £1,735. Compare house prices by area
Average property prices in Middlesbrough grew by 1.2% between the years ending June 2020 and June 2021. Between the years ending June 2011 and June 2021, property prices on average grew by 2.8% per year.
If prices in Middlesbrough continue to rise by 2.8% a year, the average property price will be £168,858 in 2025.
There were 1,541 property sales in Middlesbrough in the year ending June 2021, a decrease of 5 when compared to the previous year.
The average price for a house in Middlesbrough ranges from £77,817 for a terraced house to £262,172 for a detached house, with semi-detached in between costing on average £142,939.
The average price for a flat or maisonette in Middlesbrough is £79,601.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Middlesbrough, detached house prices have risen the most between the years ending 2011 and 2021, and flat prices have grown the least.
Detached house prices have risen 30.0% from £201,626 to £262,172, semi-detached house prices have risen 17.4% from £121,782 to £142,939, terraced house prices have fallen 3.2% from £80,430 to £77,817, and flat prices have fallen 17.4% from £96,324 to £79,601.
The most common type of property sold in Middlesbrough during the year ending June 2021 was semi-detached houses, which accounted for 42.0% of properties.
The least commonly available type of property sold in Middlesbrough were flats, which account for 2.9% of properties sold.
Of the properties sold in Middlesbrough during 2021, 6.9% were new build properties.
The average price paid for a new build property in Middlesbrough was £68,982 higher than the average price paid for an existing property.
Of the new build properties sold, the most common type was detached houses (58% of new build properties sold). For existing properties, the most common type is semi-detached houses (41% of existing properties sold).
The most common price band for property sales in Middlesbrough is £50k - £100k, which accounted for 20.3% of properties sold in 2021.
The cheapest properties in Middlesbrough were in the under £50k price bracket, accounting for 4.8% of sales.
Average property price
YoY change in price
Average Property Price
YoY CHANGE in PRICE
Source: Office for National Statistics licensed under the Open Government Licence v.3.0. Contains OS data © Crown copyright and database right 2021. Data sources: ONS Local statistics