115B, ORMESBY BANK, ORMESBY, MIDDLESBROUGH, TS7 9HL - £125,000

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.

115B ORMESBY BANK is a large extended semi-detached house of 89m², built sometime between 1967 and 1975, which could now be worth an estimated £178,484. It was last sold for £125,000 in August 2015, which was around 12% above the average August 2015 semi-detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was B.

115B ORMESBY BANK Sold Prices

Land registry data shows one sale for 115B 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
2015 10 AUG	£125,000	£111,975	12% above HPI

What might 115B ORMESBY BANK be worth now?

115B ORMESBY BANK might now be worth an estimated £178,484.

This is based on house price inflation of 42.8%, between August 2015 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 42.8% inflationary increase is applied to the most recent sale price for 115B ORMESBY BANK of £125,000 on 10th August 2015. For the value to have increased from £125,000 to £178,484 over the eleven years and four months to April 2026, the following assumptions must hold true:

• The value of 115B ORMESBY BANK has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The August 2015 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 115B ORMESBY BANK has not materially changed since August 2015.

How Large is 115B ORMESBY BANK?

115B ORMESBY BANK is 89m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the largest 40% 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 115B ORMESBY BANK lies on this distribution: 61% of semi-detached houses are smaller than 115B ORMESBY BANK, and 38% of semi-detached houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

115B ORMESBY BANK: Plot

115B ORMESBY BANK sits on a plot of roughly 0.128 of an acre, or 520m².

Where is 115B ORMESBY BANK?

115B ORMESBY BANK is located in ORMESBY, in the TS7 postcode district.