117, 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.

117 ORMESBY BANK is a detached house, which could now be worth an estimated £555,134. It was last sold for £160,000 in September 1995, which was around 113% above the average September 1995 detached price in the Redcar and Cleveland local authority area.

117 ORMESBY BANK Sold Prices

Land registry data shows one sale for 117 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
1995 6 SEP	£160,000	£75,077	113% above HPI

What might 117 ORMESBY BANK be worth now?

117 ORMESBY BANK might now be worth an estimated £555,134.

This is based on house price inflation of 247%, between September 1995 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 247% inflationary increase is applied to the most recent sale price for 117 ORMESBY BANK of £160,000 on 6th September 1995. For the value to have increased from £160,000 to £555,134 over the 31 years and five months to April 2026, the following assumptions must hold true:

• The value of 117 ORMESBY BANK has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The September 1995 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 117 ORMESBY BANK has not materially changed since September 1995.

Where is 117 ORMESBY BANK?

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