The average property price paid in Middlesbrough is £149,800 according to property sale data for the year ending June 2022 published by HM Land Registry. Between the years ending June 2021 and June 2022, property prices in Middlesbrough fell by £9,008. Compare house prices by area
Average property prices in Middlesbrough fell by 5.7% between the years ending June 2021 and June 2022. Between the years ending June 2012 and June 2022, property prices on average grew by 2.5% per year.
If prices in Middlesbrough continue to rise by 2.5% a year, the average property price will be £165,322 in 2025.
There were 1,281 property sales in Middlesbrough in the year ending June 2022, a decrease of 260 when compared to the previous year.
The average price for a house in Middlesbrough ranges from £88,637 for a terraced house to £268,978 for a detached house, with semi-detached in between costing on average £153,085.
The average price for a flat or maisonette in Middlesbrough is £86,890.
Price trends for small areas may be less statistically significant due to small sample sizes.
Of the property types in Middlesbrough, semi-detached house prices have risen the most between the years ending 2012 and 2022, and flat prices have grown the least.
Detached house prices have risen 23.0% from £218,750 to £268,978, semi-detached house prices have risen 30.2% from £117,570 to £153,085, terraced house prices have risen 14.8% from £77,230 to £88,637, and flat prices have fallen 4.9% from £91,401 to £86,890.
The most common type of property sold in Middlesbrough during the year ending June 2022 was semi-detached houses, which accounted for 51.3% of properties.
The least commonly available type of property sold in Middlesbrough were flats, which account for 5.8% of properties sold.
Of the properties sold in Middlesbrough during 2022, 1.3% were new build properties.
The average premium for a new build property in Middlesbrough was £167,642 higher than the average price paid for an existing property.
Of the new build properties sold, the most common type was detached houses (87% of new build properties sold). For existing properties, the most common type is semi-detached houses (42% of existing properties sold).
Rental Market of Middlesbrough
The most common price band for property sales in Middlesbrough is £50k - £100k, which accounted for 30.2% of properties sold in 2022.
The cheapest properties in Middlesbrough were in the under £50k price bracket, accounting for 4.1% 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 2022. Data sources: ONS Local statistics