Penistone Road, Middlesbrough
PR

Penistone Road, Middlesbrough

By Progression Property

£ 475,000

Reviews

2 out of 5 stars

Progression Property says ..

A DEVELOPMENT SITE LOCATED IN THE EAST OF MIDDLESBROUGH WITH PLANNING PASSED FOR A TOTAL OF 18 SINGLE STOREY SEMI DETACHED BUNGALOWS (WITH A GIA OF 72 SQM) TO BE BUILT ON THE FORMER 'PARK END PUB' SITE WITHIN MIDDLESBROUGH' PARK END AREA OF THE TS3 POSTCODE. THE SITE IS LOCATED CLOSE TO LADGATE ...

Property Oracle says ..

The property is a plot of land located on Penistone Road in Middlesbrough, North Yorkshire. The list price is £475,000 for a 775 sqft plot. This is significantly higher than the average price of properties in the area, which is £106,658. The average price per sqft in the area is £151, while this plot is listed at over £600 per sqft. Nearby properties on Penistone Road are selling for significantly less, ranging from £60,000 to £98,000. The area has good access to schools, including Park End Primary School (rated Good by Ofsted) and River Tees Primary Academy (also rated Good). Transportation links are also reasonably close, with several train stations within a few kilometers. However, the lack of any existing structure on the plot means there is no information available on the condition of the property itself. The plot size is not specified. Given the high list price compared to nearby properties, the value for money is questionable.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
3
Condition
0
Location
7
Land
0
Bedrooms
0
Bathrooms
0
Sqft (est)
775.00

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
115,938.00 £
Increased by 10.61 %
from 104,813.00 £
Est sale value
189,875.00 £
Increased by 91.41 %
from 99,200.00 £
Average area rental value
665.00 £/mo
Increased by 1.06 %
from 658.00 £/mo
Est letting value
775.00 £/mo
from 0.00 £/mo
Est rental Yield
6.88 %
Decreased by 8.63 %
from 7.53 %
Crime Rate
10.00 %
Unchanged by 0.00 %
from 10.00 %

Agent Activity

  • Progression Property created the listing.

Nearby Schools

NameTypeOfstedDistance
Park End Primary SchoolCommunity SchoolGood0.25 KM
Park End Children'S CentreChildren's Centre0.25 KM
Unity City AcademyAcademy Sponsor LedRequires improvement0.60 KM
River Tees Middle AcademyAcademy Alternative Provision ConverterGood0.76 KM
River Tees High AcademyAcademy Alternative Provision ConverterGood0.77 KM

Images

Computer generated road view.jpg aerial view.jpg proposed site plan.jpg

Nearby Streets

NameAverage PriceAverage SqftDistance
Ipswich Wk. £ 000.00 KM
Phyllis Mohan Court £ 000.00 KM
Parkside £ 295,00000.00 KM
Cornforth Av. £ 000.00 KM
Revesby ROad £ 125,00000.00 KM

Nearby Transport

NameNLCTLCDistance
Marton7947MTO0.88 KM
James Cook University Hospital9507JCH1.47 KM
Gypsy Lane7930GYP2.72 KM
Nunthorpe7946NNT3.88 KM
South Bank7953SBK4.14 KM

Nearby Listings

AddressPriceTypeScoreDistance
Penistone Road, Middlesbrough £ 475,000BUY5 / 100.00 KM
Sandringham Road, Middlesbrough £ 100,000BUY6 / 100.19 KM
Penistone Road, Middlesbrough, TS3 0ED £ 95,000BUY5 / 100.26 KM
Radnor Green, Park End £ 117,500BUY7 / 100.30 KM
Roxby Avenue, Middlesbrough £ 120,000BUY6 / 100.32 KM

Nearby Properties

AddressPriceDistance
4 Penistone Road £ 60,0000.06 KM
2 Penistone Road £ 98,0000.06 KM
7 Penistone Road £ 80,0000.09 KM
11 Penistone Road £ 60,0000.09 KM
11 Kelsall Close £ 70,0000.10 KM