# 2 bedroom terraced house for sale (TS17 7HX)

## Property Details

| Key | Value |
|-----|-------|
| Address | 18 CHELTENHAM AVENUE, STOCKTON-ON-TEES, THORNABY, STOCKTON-ON-TEES TS17 7HX |
| Price | £35,000 |
| Bedrooms | 2 |
| Construction age | England and Wales: 1900-1929 |
| Floor area | 91 m² |
| Last sold | £52,000 Feb 2010 |

## EPC Rating & Upgrade Cost

- **Current rating:** D
- **Potential rating:** B
- **Current heating cost:** £1,814/year
- **Est. upgrade cost to C:** £19,500

### Recommendations
- Q (£4,000 - £14,000)
- W1 (£800 - £1,200)
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8334-5322-3300-0136-5226)

## Description

PATTINSON are pleased to offer the sale of this property situated in Thornaby.

This property is a vacant possession and briefly consists of lounge and seperate dining room, kitchen to the rear with access to the utility room and door to the rear yard.  

To the first floor there are two bedrooms, bathroom and separate w/c.

Nethouseprices shows 23 Cheltenham Avenue sold for ££66,000 in August 2009.

Pattinson auction terms and conditions apply; see www.pattinson.co.uk for more info.

## Property Photos

- ![Photo](/listings/photos/14253633/438719)
- ![Photo](/listings/photos/14253633/438720)
- ![Photo](/listings/photos/14253633/438721)
- ![Photo](/listings/photos/14253633/438722)
- ![Photo](/listings/photos/14253633/438723)
- ![Photo](/listings/photos/14253633/438724)

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 18 CHELTENHAM AVENUE, THORNABY, STOCKTON-ON-TEES, TS17 7HX | £52,000 | 19/02/2010 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 27 SCARBOROUGH STREET, THORNABY, STOCKTON-ON-TEES, TS17 6HR | £100,000 | 21/01/2026 | Terraced |
| 25 SALISBURY STREET, THORNABY, STOCKTON-ON-TEES, TS17 7HY | £77,500 | 19/12/2025 | Terraced |
| 56 MANSFIELD AVENUE, THORNABY, STOCKTON-ON-TEES, TS17 7HH | £61,000 | 19/12/2025 | Terraced |
| 97 MANSFIELD AVENUE, THORNABY, STOCKTON-ON-TEES, TS17 7HZ | £65,000 | 11/12/2025 | Terraced |
| 4 OXFORD ROAD, THORNABY, STOCKTON-ON-TEES, TS17 6LJ | £72,000 | 10/12/2025 | Terraced |
| 34 STAINSBY STREET, THORNABY, STOCKTON-ON-TEES, TS17 6HP | £80,000 | 05/12/2025 | Terraced |
| 25 ROSEBERRY VIEW, THORNABY, STOCKTON-ON-TEES, TS17 7HP | £60,000 | 14/11/2025 | Terraced |
| 86 MANSFIELD AVENUE, THORNABY, STOCKTON-ON-TEES, TS17 7HH | £53,250 | 29/08/2025 | Terraced |
| 1 ELLERBURNE STREET, THORNABY, STOCKTON-ON-TEES, TS17 7JL | £65,000 | 20/08/2025 | Terraced |
| 28 ELLERBURNE STREET, THORNABY, STOCKTON-ON-TEES, TS17 7JL | £71,000 | 18/07/2025 | Terraced |
| 9 ROSEBERRY VIEW, THORNABY, STOCKTON-ON-TEES, TS17 7HP | £65,000 | 20/05/2025 | Terraced |
| 8 CAMELON STREET, THORNABY, STOCKTON-ON-TEES, TS17 7HU | £65,000 | 31/03/2025 | Terraced |
| 172 WESTBURY STREET, THORNABY, STOCKTON-ON-TEES, TS17 6NB | £99,000 | 14/03/2025 | Terraced |
| 1 ROSEBERRY VIEW, THORNABY, STOCKTON-ON-TEES, TS17 7HP | £63,500 | 10/02/2025 | Terraced |
| 52 MANSFIELD AVENUE, THORNABY, STOCKTON-ON-TEES, TS17 7HH | £39,999 | 08/12/2023 | Terraced |
| 101 MANSFIELD AVENUE, THORNABY, STOCKTON-ON-TEES, TS17 7HZ | £70,000 | 16/10/2023 | Terraced |
| 113 MANSFIELD AVENUE, THORNABY, STOCKTON-ON-TEES, TS17 7HZ | £105,000 | 08/09/2023 | Terraced |
| 9 HAVELOCK STREET, THORNABY, STOCKTON-ON-TEES, TS17 6HN | £45,500 | 01/08/2023 | Terraced |
| 9 HAVELOCK STREET, THORNABY, STOCKTON-ON-TEES, TS17 6HN | £54,000 | 01/08/2023 | Terraced |
| 52 LANGLEY AVENUE, THORNABY, STOCKTON-ON-TEES, TS17 7HG | £76,000 | 16/12/2022 | Terraced |
| [Same street] 29 CHELTENHAM AVENUE, THORNABY, STOCKTON-ON-TEES, TS17 7HX | £60,000 | 14/10/2022 | Terraced |
| [Same street] 15 CHELTENHAM AVENUE, THORNABY, STOCKTON-ON-TEES, TS17 7HX | £56,000 | 03/10/2022 | Terraced |

**Street average:** £58,000 (2 sales)
**Area average:** £69,387 (20 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £91,457 (54 Terraced, TS17, 2024–2026)
- **Deviation:** -61.7%

## Rental Range

*ONS Price Index of Private Rents (Stockton-on-Tees). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £662/mo
- **Realistic:** £736/mo
- **Optimistic:** £810/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Teesside (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £474/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 2 Bed Terraced House, Falkirk St, TS17 | £600/mo | 2 | 0.04 miles | OpenRent |

**Average rent: £600/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 1.71% (strong)
- **Max investor price (0.8%):** £75,000
- **Target investor price (1%):** £60,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £600/mo).*

- **Gross yield:** 20.6%
- **Cost-to-rent:** 4.9×
- **Monthly cashflow:** £377/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 44.6%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Price per Square Metre

- **£/m²:** £385/m²

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** -6.3%
- **10y growth:** -5.5%

## House Price Index (HM Land Registry)

*Official index for Stockton-on-Tees; Terraced series; as of February 2026.*

- **1y growth (index):** 1.7%
- **5y growth (index):** 21.2%
- **10y growth (index):** 36.9%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)