113A, ORMESBY BANK, ORMESBY, MIDDLESBROUGH, TS7 9HL - £180,000

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.

113A ORMESBY BANK is a small detached house of 89m², built sometime between 1950 and 1966, which could now be worth an estimated £244,861. It was last sold for £180,000 in October 2017, which was around 6% below the average October 2017 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was August 2017, where the current energy rating was E, and the potential energy rating was B.

113A ORMESBY BANK Sold Prices

Land registry data shows one sale for 113A 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
2017 9 OCT	£180,000	£191,486	6% below HPI

What might 113A ORMESBY BANK be worth now?

113A ORMESBY BANK might now be worth an estimated £244,861.

This is based on house price inflation of 36%, between October 2017 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 36% inflationary increase is applied to the most recent sale price for 113A ORMESBY BANK of £180,000 on 9th October 2017. For the value to have increased from £180,000 to £244,861 over the nine years and six months to April 2026, the following assumptions must hold true:

• The value of 113A ORMESBY BANK has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The October 2017 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 113A ORMESBY BANK has not materially changed since October 2017.

How Large is 113A ORMESBY BANK?

113A ORMESBY BANK is 89m² according to the EPC inspection conducted in August 2017. This puts it in the smallest 30% of detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Middlesbrough, and where 113A ORMESBY BANK lies on this distribution: 20% of detached houses are smaller than 113A ORMESBY BANK, and 77% of detached houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

113A ORMESBY BANK: Plot

113A ORMESBY BANK sits on a plot of roughly 0.204 of an acre, or 825m².

Where is 113A ORMESBY BANK?

113A ORMESBY BANK is located in ORMESBY, in the TS7 postcode district.