62, MEADOWGATE, MIDDLESBROUGH, TS6 9JH - £81,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

62 MEADOWGATE is a very small semi-detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £118,949. It was last sold for £81,500 in March 2017, which was around 25% below the average March 2017 semi-detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was January 2017, where the current energy rating was D, and the potential energy rating was B.

62 MEADOWGATE Sold Prices

Land registry data shows three sales for 62 MEADOWGATE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Two of the three 62 MEADOWGATE sales were for below the average price, whilst one was for above 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
2017 23 MAR	£81,500	£109,290	25% below HPI
2006 21 JUL	£119,950	£111,084	8% above HPI
1999 29 JUN	£36,500	£44,450	18% below HPI

62 MEADOWGATE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The three 62 MEADOWGATE sales between June 1999 and March 2017 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 July 2006 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the March 2017 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 62 MEADOWGATE be worth now?

62 MEADOWGATE might now be worth an estimated £118,949.

This is based on house price inflation of 45.9%, between March 2017 and December 2024, for semi-detached houses, in the Redcar and Cleveland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 45.9% inflationary increase is applied to the most recent sale price for 62 MEADOWGATE of £81,500 on 23rd March 2017. For the value to have increased from £81,500 to £118,949 over the six years and three months to December 2024, the following assumptions must hold true:

• The value of 62 MEADOWGATE has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The March 2017 sale price of £81,500 represented a fair market value for the property.
• The size, condition, and specification of 62 MEADOWGATE has not materially changed since March 2017.

How Large is 62 MEADOWGATE?

62 MEADOWGATE is 70m² according to the EPC inspection conducted in January 2017. This puts it in the smallest 20% of semi-detached houses houses in Eston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Eston, and where 62 MEADOWGATE lies on this distribution: 10% of semi-detached houses houses are smaller than 62 MEADOWGATE, and 89% of houses are larger. Note that EPC data is not available for all properties in Eston.

62 MEADOWGATE: Plot and Title Map

62 MEADOWGATE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 62 MEADOWGATE, 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 62 MEADOWGATE). 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.

Where is 62 MEADOWGATE?

62 MEADOWGATE is located in MIDDLESBROUGH, in the TS6 postcode district. The below map shows the position of No. 62 on MEADOWGATE.