House prices in Middlesbrough have gone up by an average of over £5,000 in the month of April, according to figures from the Land Registry.
The latest data from the government department reveals that in April 2022 average house prices in Middlesbrough reached £141,979.
This was up from £136,868 in March, representing a 3.7 per cent increase. In the last 12 months it has risen by 16.5 per cent.
If you are interested in buying or renting a home, you can see the latest properties in and around Middlesbrough here.
Breaking it down for specific types of housing, all prices saw an increase.
- Detached houses – Up to £255,924 from £245,739 in March
- Semi-detached houses – Up to £142,931 from £137,848 in March
- Terraced houses – Up to £100,396 from £96,930 in March
- Flats – Up to £76,323 from £74,111 in March
Despite the rise in prices this month, Middlesbrough is still well below the UK average with typical property value in the nations reaching £281,161 in April.
In cash terms, the average house price in April was £31,575 higher than a year earlier with house price growth accelerating to 12.4 per cent in April 2022. Prices were up by 1.1 per cent month on month.
We have created this map for the North East so you can see the average house price in each neighbourhood since 1995.
Sites like Zoopla can offer an estimate valuation of your house if you input your postcode into their website here.
The above map can demonstrate which areas of Middlesbrough are the most expensive for average house prices.