36, ORMESBY BANK, ORMESBY, MIDDLESBROUGH, TS7 9EB - £245,000

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 ORMESBY BANK is a very large extended semi-detached house of 117m², built sometime between 1930 and 1949, which could now be worth an estimated £323,167. It was last sold for £245,000 in April 2007, which was around 102% above the average April 2007 semi-detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was October 2013, where the current energy rating was C, and the potential energy rating was B.

36 ORMESBY BANK Sold Prices

Land registry data shows one sale for 36 ORMESBY BANK since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2007 23 APR	£245,000	£121,213	102% above HPI

What might 36 ORMESBY BANK be worth now?

36 ORMESBY BANK might now be worth an estimated £323,167.

This is based on house price inflation of 31.9%, between April 2007 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 31.9% inflationary increase is applied to the most recent sale price for 36 ORMESBY BANK of £245,000 on 23rd April 2007. For the value to have increased from £245,000 to £323,167 over the nineteen years to April 2026, the following assumptions must hold true:

• The value of 36 ORMESBY BANK has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The April 2007 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 36 ORMESBY BANK has not materially changed since April 2007.

How Large is 36 ORMESBY BANK?

36 ORMESBY BANK is 117m², which includes one extension, according to the EPC inspection conducted in October 2013. This puts it in the largest 20% of semi-detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Middlesbrough, and where 36 ORMESBY BANK lies on this distribution: 90% of semi-detached houses are smaller than 36 ORMESBY BANK, and 10% of semi-detached houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

36 ORMESBY BANK: Plot

36 ORMESBY BANK sits on a plot of roughly 0.401 of an acre, or 1,623m².

Where is 36 ORMESBY BANK?

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