15, NORTHBANK CRESCENT, ORMESBY, MIDDLESBROUGH, TS7 9EU - £169,000

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.

15 NORTHBANK CRESCENT is a midsized extended semi-detached house of 109m², built sometime between 1950 and 1966, which could now be worth an estimated £196,291. It was last sold for £169,000 in June 2021, which was around 27% above the average June 2021 semi-detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was C.

15 NORTHBANK CRESCENT Sold Prices

Land registry data shows four sales for 15 NORTHBANK CRESCENT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Redcar and Cleveland local authority area for the corresponding sale date. The four 15 NORTHBANK CRESCENT sales were a mix of above the average price, and roughly equal to the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 24 JUN	£169,000	£132,966	27% above HPI
2016 24 MAR	£110,500	£110,711	Close to HPI
2004 26 MAR	£121,000	£81,315	49% above HPI
1995 19 MAY	£50,000	£44,813	12% above HPI

15 NORTHBANK CRESCENT Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The four 15 NORTHBANK CRESCENT sales between May 1995 and June 2021 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2016 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the June 2021 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

What might 15 NORTHBANK CRESCENT be worth now?

15 NORTHBANK CRESCENT might now be worth an estimated £196,291.

This is based on house price inflation of 16.1%, between June 2021 and February 2025, 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 16.1% inflationary increase is applied to the most recent sale price for 15 NORTHBANK CRESCENT of £169,000 on 24th June 2021. For the value to have increased from £169,000 to £196,291 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 15 NORTHBANK CRESCENT has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The June 2021 sale price of £169,000 represented a fair market value for the property.
• The size, condition, and specification of 15 NORTHBANK CRESCENT has not materially changed since June 2021.

How Large is 15 NORTHBANK CRESCENT?

15 NORTHBANK CRESCENT is 109m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 50% of semi-detached houses houses in Middlesbrough, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Middlesbrough, and where 15 NORTHBANK CRESCENT lies on this distribution: 47% of semi-detached houses houses are smaller than 15 NORTHBANK CRESCENT, and 52% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

15 NORTHBANK CRESCENT: Plot and Title Map

15 NORTHBANK CRESCENT sits on a plot of roughly 0.094 of an acre, or 382m². The below map shows the location of 15 NORTHBANK CRESCENT, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 15 NORTHBANK CRESCENT). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 15 NORTHBANK CRESCENT?

15 NORTHBANK CRESCENT is located in ORMESBY, in the TS7 postcode district. The below map shows the position of No. 15 on NORTHBANK CRESCENT.