1, SOUTH DRIVE, ORMESBY, MIDDLESBROUGH, TS7 9BP - £85,000

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.

1 SOUTH DRIVE is a very small semi-detached house of 61m², built sometime between 1950 and 1966, which could now be worth an estimated £116,662. It was last sold for £85,000 in October 2019, which was around 27% below the average October 2019 semi-detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was April 2019, where the current energy rating was E, and the potential energy rating was B.

1 SOUTH DRIVE Sold Prices

Land registry data shows one sale for 1 SOUTH DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Redcar and Cleveland local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 24 OCT	£85,000	£116,493	27% below HPI

What might 1 SOUTH DRIVE be worth now?

1 SOUTH DRIVE might now be worth an estimated £116,662.

This is based on house price inflation of 37.2%, between October 2019 and April 2026, for semi-detached houses, in the Redcar and Cleveland local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.2% inflationary increase is applied to the most recent sale price for 1 SOUTH DRIVE of £85,000 on 24th October 2019. For the value to have increased from £85,000 to £116,662 over the seven years and six months to April 2026, the following assumptions must hold true:

• The value of 1 SOUTH DRIVE has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The October 2019 sale price of £85,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SOUTH DRIVE has not materially changed since October 2019.

How Large is 1 SOUTH DRIVE?

1 SOUTH DRIVE is 61m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of semi-detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Middlesbrough, and where 1 SOUTH DRIVE lies on this distribution: 10% of semi-detached houses are smaller than 1 SOUTH DRIVE, and 89% of semi-detached houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

1 SOUTH DRIVE: Plot

1 SOUTH DRIVE sits on a plot of roughly 0.048 of an acre, or 196m².

Where is 1 SOUTH DRIVE?

1 SOUTH DRIVE is located in ORMESBY, in the TS7 postcode district.