145B, ORMESBY BANK, ORMESBY, MIDDLESBROUGH, TS7 9HP - £330,000

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.

145B ORMESBY BANK is a very large extended detached house of 165m², built sometime between 1967 and 1975, which could now be worth an estimated £410,328. It was last sold for £330,000 in January 2021, which was around 58% above the average January 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was C.

145B ORMESBY BANK Sold Prices

Land registry data shows one sale for 145B ORMESBY BANK since 1^st January 1995. The below table shows the price paid for the one sale, along with the average 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
2021 6 JAN	£330,000	£209,492	58% above HPI

What might 145B ORMESBY BANK be worth now?

145B ORMESBY BANK might now be worth an estimated £410,328.

This is based on house price inflation of 24.3%, between January 2021 and April 2026, for 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 24.3% inflationary increase is applied to the most recent sale price for 145B ORMESBY BANK of £330,000 on 6th January 2021. For the value to have increased from £330,000 to £410,328 over the four years and nine months to April 2026, the following assumptions must hold true:

• The value of 145B ORMESBY BANK has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The January 2021 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 145B ORMESBY BANK has not materially changed since January 2021.

How Large is 145B ORMESBY BANK?

145B ORMESBY BANK is 165m², which includes three extensions, according to the EPC inspection conducted in March 2020. This puts it in the largest 20% of detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Middlesbrough, and where 145B ORMESBY BANK lies on this distribution: 90% of detached houses are smaller than 145B ORMESBY BANK, and 10% of detached houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

145B ORMESBY BANK: Plot

145B ORMESBY BANK sits on a plot of roughly 0.200 of an acre, or 811m².

Where is 145B ORMESBY BANK?

145B ORMESBY BANK is located in ORMESBY, in the TS7 postcode district.