11A, HIGHBANK ROAD, ORMESBY, MIDDLESBROUGH, TS7 9EH - £73,000

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.

11A HIGHBANK ROAD is a detached house, which could now be worth an estimated £212,235. It was last sold for £73,000 in May 2002, which was around 18% below the average May 2002 detached price in the Redcar and Cleveland local authority area.

11A HIGHBANK ROAD Sold Prices

Land registry data shows two sales for 11A HIGHBANK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Both of the two 11A HIGHBANK ROAD sales were for below 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
2002 24 MAY	£73,000	£89,380	18% below HPI
1995 15 DEC	£56,500	£72,940	23% below HPI

What might 11A HIGHBANK ROAD be worth now?

11A HIGHBANK ROAD might now be worth an estimated £212,235.

This is based on house price inflation of 190.7%, between May 2002 and May 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 190.7% inflationary increase is applied to the most recent sale price for 11A HIGHBANK ROAD of £73,000 on 24th May 2002. For the value to have increased from £73,000 to £212,235 over the 24 years to May 2026, the following assumptions must hold true:

• The value of 11A HIGHBANK ROAD has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The May 2002 sale price of £73,000 represented a fair market value for the property.
• The size, condition, and specification of 11A HIGHBANK ROAD has not materially changed since May 2002.

Where is 11A HIGHBANK ROAD?

11A HIGHBANK ROAD is located in ORMESBY, in the TS7 postcode district.