16A, WELBURN GROVE, ORMESBY, MIDDLESBROUGH, TS7 9BN - £39,000

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.

16A WELBURN GROVE is a very small flat of 42m², built sometime between 1950 and 1966, which could now be worth an estimated £38,994. It was last sold for £39,000 in September 2023, which was around 52% below the average September 2023 flat price in the Redcar and Cleveland local authority area. The most recent EPC inspection was July 2012, where the current energy rating was E, and the potential energy rating was C.

16A WELBURN GROVE Sold Prices

Land registry data shows three sales for 16A WELBURN GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Redcar and Cleveland local authority area for the corresponding sale date. Two of the three 16A WELBURN GROVE sales were for below the average price, whilst one was for above 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
2023 1 SEP	£39,000	£81,250	52% below HPI
2008 20 JUN	£81,000	£80,060	1% above HPI
1995 22 MAR	£18,000	£28,754	37% below HPI

What might 16A WELBURN GROVE be worth now?

16A WELBURN GROVE might now be worth an estimated £38,994.

This is based on house price deflation of 0%, between September 2023 and April 2026, for flats, 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 0% deflationary decrease is applied to the most recent sale price for 16A WELBURN GROVE of £39,000 on 1st September 2023. For the value to have decreased from £39,000 to £38,994 over the three years and five months to April 2026, the following assumptions must hold true:

• The value of 16A WELBURN GROVE has moved in line with the HPI for flats in the Redcar and Cleveland local authority area.
• The September 2023 sale price of £39,000 represented a fair market value for the property.
• The size, condition, and specification of 16A WELBURN GROVE has not materially changed since September 2023.

How Large is 16A WELBURN GROVE?

16A WELBURN GROVE is 42m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 10% of flats in Middlesbrough, based on EPC data. 10% of flats are smaller than 16A WELBURN GROVE, and 89% of flats are larger. Note that EPC data is not available for all properties in Middlesbrough.

16A WELBURN GROVE: Plot

16A WELBURN GROVE sits on a plot of roughly 0.151 of an acre, or 612m².

Where is 16A WELBURN GROVE?

16A WELBURN GROVE is located in ORMESBY, in the TS7 postcode district.