Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
3 BALMORAL ROAD is a midsized extended detached house of 114m², built sometime between 1976 and 1982. It was last sold for £120,000 in March 2019, which was around 36% below the average March 2019 detached price in the Middlesbrough local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 3 BALMORAL ROAD since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Middlesbrough local authority area for the corresponding sale date. Both of the two 3 BALMORAL ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2019 25 MAR | £120,000 | £188,501 | 36% below HPI |
1996 21 JUN | £60,000 | £73,585 | 18% below HPI |
The below graph shows the average detached house price in the Middlesbrough local authority area over time, sourced from the HPI. The two 3 BALMORAL ROAD sales from June 1996 and March 2019 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 1996 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2019 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.
3 BALMORAL ROAD is 114m², which includes one extension, according to the EPC inspection conducted in October 2018. This puts it in the largest 50% of detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Middlesbrough, and where 3 BALMORAL ROAD lies on this distribution: 52% of detached houses are smaller than 3 BALMORAL ROAD, and 45% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.
3 BALMORAL ROAD sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 3 BALMORAL ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 3 BALMORAL ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
3 BALMORAL ROAD is located in MIDDLESBROUGH, in the TS3 postcode district. The below map shows the position of No. 3 on BALMORAL ROAD.