3, ORMESBY BANK, ORMESBY, MIDDLESBROUGH, TS7 9HH - £210,000

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.

3 ORMESBY BANK is a detached house, which could now be worth an estimated £307,498. It was last sold for £210,000 in July 2005, which was around 18% above the average July 2005 detached price in the Redcar and Cleveland local authority area.

3 ORMESBY BANK Sold Prices

Land registry data shows one sale for 3 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
2005 22 JUL	£210,000	£177,894	18% above HPI

What might 3 ORMESBY BANK be worth now?

3 ORMESBY BANK might now be worth an estimated £307,498.

This is based on house price inflation of 46.4%, between July 2005 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 46.4% inflationary increase is applied to the most recent sale price for 3 ORMESBY BANK of £210,000 on 22nd July 2005. For the value to have increased from £210,000 to £307,498 over the 21 years and three months to April 2026, the following assumptions must hold true:

• The value of 3 ORMESBY BANK has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The July 2005 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 3 ORMESBY BANK has not materially changed since July 2005.

Where is 3 ORMESBY BANK?

3 ORMESBY BANK is located in ORMESBY, in the TS7 postcode district.