35, NORTHBANK CRESCENT, ORMESBY, MIDDLESBROUGH, TS7 9EU - £80,000

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.

35 NORTHBANK CRESCENT is a very small extended semi-detached house of 65m², built sometime between 1967 and 1975, which could now be worth an estimated £112,411. It was last sold for £80,000 in August 2019, which was around 30% below the average August 2019 semi-detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was B.

35 NORTHBANK CRESCENT Sold Prices

Land registry data shows two sales for 35 NORTHBANK CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Redcar and Cleveland local authority area for the corresponding sale date. One of the two 35 NORTHBANK CRESCENT sales was for below the average price, whilst the other 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
2019 16 AUG	£80,000	£113,787	30% below HPI
1999 28 APR	£50,000	£43,046	16% above HPI

35 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 two 35 NORTHBANK CRESCENT sales from April 1999 and August 2019 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 April 1999 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the August 2019 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 35 NORTHBANK CRESCENT be worth now?

35 NORTHBANK CRESCENT might now be worth an estimated £112,411.

This is based on house price inflation of 40.5%, between August 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 40.5% inflationary increase is applied to the most recent sale price for 35 NORTHBANK CRESCENT of £80,000 on 16th August 2019. For the value to have increased from £80,000 to £112,411 over the seven years and four months to April 2026, the following assumptions must hold true:

• The value of 35 NORTHBANK CRESCENT has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The August 2019 sale price of £80,000 represented a fair market value for the property.
• The size, condition, and specification of 35 NORTHBANK CRESCENT has not materially changed since August 2019.

How Large is 35 NORTHBANK CRESCENT?

35 NORTHBANK CRESCENT is 65m², which includes one extension, according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% 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 35 NORTHBANK CRESCENT lies on this distribution: 3% of semi-detached houses houses are smaller than 35 NORTHBANK CRESCENT, and 97% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

35 NORTHBANK CRESCENT: Plot and Title Map

35 NORTHBANK CRESCENT sits on a plot of roughly 0.085 of an acre, or 344m². The below map shows the location of 35 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 35 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 35 NORTHBANK CRESCENT?

35 NORTHBANK CRESCENT is located in ORMESBY, in the TS7 postcode district. The below map shows the position of No. 35 on NORTHBANK CRESCENT.