62, SCHOLARS RISE, MIDDLESBROUGH, TS4 3RP - £180,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

62 SCHOLARS RISE is a small detached house of 97m², which could now be worth an estimated £239,831. It was last sold for £180,000 in November 2019, which was around 6% below the average November 2019 detached price in the Middlesbrough local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

62 SCHOLARS RISE Sold Prices

Land registry data shows two sales for 62 SCHOLARS RISE since 1^st 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 62 SCHOLARS RISE 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 19 NOV	£180,000	£191,536	6% below HPI
2015 4 DEC	£184,950	£188,283	2% below HPI

62 SCHOLARS RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Middlesbrough local authority area over time, sourced from the HPI. The two 62 SCHOLARS RISE sales from December 2015 and November 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 December 2015 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the November 2019 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 62 SCHOLARS RISE be worth now?

62 SCHOLARS RISE might now be worth an estimated £239,831.

This is based on house price inflation of 33.2%, between November 2019 and February 2025, for detached houses, in the Middlesbrough local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.2% inflationary increase is applied to the most recent sale price for 62 SCHOLARS RISE of £180,000 on 19th November 2019. For the value to have increased from £180,000 to £239,831 over the six years and nine months to February 2025, the following assumptions must hold true:

• The value of 62 SCHOLARS RISE has moved in line with the HPI for detached houses in the Middlesbrough local authority area.
• The November 2019 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 62 SCHOLARS RISE has not materially changed since November 2019.

How Large is 62 SCHOLARS RISE?

62 SCHOLARS RISE is 97m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 40% of detached houses houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Middlesbrough, and where 62 SCHOLARS RISE lies on this distribution: 31% of detached houses houses are smaller than 62 SCHOLARS RISE, and 67% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

62 SCHOLARS RISE: Plot and Title Map

62 SCHOLARS RISE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 62 SCHOLARS RISE, 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 SCHOLARS RISE). 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 SCHOLARS RISE?

62 SCHOLARS RISE is located in MIDDLESBROUGH, in the TS4 postcode district. The below map shows the position of No. 62 on SCHOLARS RISE.