36, LONGBANK ROAD, ORMESBY, MIDDLESBROUGH, TS7 9EZ - £140,000

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.

36 LONGBANK ROAD is a detached house, which could now be worth an estimated £186,757. It was last sold for £140,000 in April 2008, which was around 28% below the average April 2008 detached price in the Redcar and Cleveland local authority area.

36 LONGBANK ROAD Sold Prices

Land registry data shows two sales for 36 LONGBANK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Both of the two 36 LONGBANK ROAD sales were for below 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
2008 21 APR	£140,000	£194,799	28% below HPI
2001 2 FEB	£67,000	£84,808	21% below HPI

What might 36 LONGBANK ROAD be worth now?

36 LONGBANK ROAD might now be worth an estimated £186,757.

This is based on house price inflation of 33.4%, between April 2008 and May 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 33.4% inflationary increase is applied to the most recent sale price for 36 LONGBANK ROAD of £140,000 on 21st April 2008. For the value to have increased from £140,000 to £186,757 over the seventeen years and eleven months to May 2026, the following assumptions must hold true:

• The value of 36 LONGBANK ROAD has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The April 2008 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 36 LONGBANK ROAD has not materially changed since April 2008.

Where is 36 LONGBANK ROAD?

36 LONGBANK ROAD is located in ORMESBY, in the TS7 postcode district.