113B, ORMESBY BANK, ORMESBY, MIDDLESBROUGH, TS7 9HL - £160,000

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.

113B ORMESBY BANK is a very small detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £232,270. It was last sold for £160,000 in August 2014, which was around 11% below the average August 2014 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

113B ORMESBY BANK Sold Prices

Land registry data shows one sale for 113B 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
2014 29 AUG	£160,000	£179,437	11% below HPI

What might 113B ORMESBY BANK be worth now?

113B ORMESBY BANK might now be worth an estimated £232,270.

This is based on house price inflation of 45.2%, between August 2014 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 45.2% inflationary increase is applied to the most recent sale price for 113B ORMESBY BANK of £160,000 on 29th August 2014. For the value to have increased from £160,000 to £232,270 over the twelve years and four months to April 2026, the following assumptions must hold true:

• The value of 113B ORMESBY BANK has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The August 2014 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 113B ORMESBY BANK has not materially changed since August 2014.

How Large is 113B ORMESBY BANK?

113B ORMESBY BANK is 79m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 20% of detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Middlesbrough, and where 113B ORMESBY BANK lies on this distribution: 12% of detached houses are smaller than 113B ORMESBY BANK, and 87% of detached houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

113B ORMESBY BANK: Plot

113B ORMESBY BANK sits on a plot of roughly 0.175 of an acre, or 709m².

Where is 113B ORMESBY BANK?

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