3 Park Lane

    3, PARK LANE, MIDDLESBROUGH, TS1 3LQ

    This terraced freehold property on Park Lane last sold in November 2016 for £32,000. Based on price growth in the TS1 district since then, its estimated current value is £41,077 — placing it in the 0th percentile nationally and the 5th percentile within TS1. The property covers 61 m² (657 sq ft), giving an estimated value of £673 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    657 sq ft

    61 m²

    Last Sale Price

    £32,000

    Nov 2016

    Estimated Valuation

    £41,077

    Est. £/sq ft

    £63/sq ft

    £673/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area657 sq ft (61 m²)
    EPC dateOct 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Nov 2016

    £32,000

    12 May 2006

    £54,000

    Key Metrics

    Estimated valuation£41,077
    Value per sq ft / m²£63/sq ft (£673/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TS1 district percentile5th percentile
    National percentile0th percentile

    District Context — TS1

    TS1 covers central Stockton-on-Tees in the North East, situated on the River Tees. It is a diverse, densely populated urban centre with a significant rented housing market and a younger demographic profile.

    Average Property Price - TS1

    £72,879

    0

    National percentile

    Average Net Household Income - TS1

    £26,249

    4

    National percentile

    10-Year Annualised Price Growth - TS1

    2.9%

    27

    National percentile

    10-Year Annualised Rent Growth - TS

    2.9%

    4

    National percentile

    View full analysis for TS1

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