1, NORTHBANK CRESCENT, ORMESBY, MIDDLESBROUGH, TS7 9EU - £230,000

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.

1 NORTHBANK CRESCENT is a semi-detached house, which could now be worth an estimated £248,141. It was last sold for £230,000 in February 2023, which was around 55% above the average February 2023 semi-detached price in the Redcar and Cleveland local authority area.

1 NORTHBANK CRESCENT Sold Prices

Land registry data shows two sales for 1 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. Both of the two 1 NORTHBANK CRESCENT sales were 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 16 FEB	£230,000	£148,197	55% above HPI
2021 7 SEP	£174,000	£133,725	30% above HPI

What might 1 NORTHBANK CRESCENT be worth now?

1 NORTHBANK CRESCENT might now be worth an estimated £248,141.

This is based on house price inflation of 7.9%, between February 2023 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 7.9% inflationary increase is applied to the most recent sale price for 1 NORTHBANK CRESCENT of £230,000 on 16th February 2023. For the value to have increased from £230,000 to £248,141 over the two years and ten months to April 2026, the following assumptions must hold true:

• The value of 1 NORTHBANK CRESCENT has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The February 2023 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 1 NORTHBANK CRESCENT has not materially changed since February 2023.

Where is 1 NORTHBANK CRESCENT?

1 NORTHBANK CRESCENT is located in ORMESBY, in the TS7 postcode district.