12, LABURNUM ROAD, ORMESBY, MIDDLESBROUGH, TS7 9DJ - £120,000

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.

12 LABURNUM ROAD is a semi-detached house, which could now be worth an estimated £168,228. It was last sold for £120,000 in July 2015, which was around 7% above the average July 2015 semi-detached price in the Redcar and Cleveland local authority area.

12 LABURNUM ROAD Sold Prices

Land registry data shows one sale for 12 LABURNUM ROAD 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 17 JUL	£120,000	£111,820	7% above HPI

What might 12 LABURNUM ROAD be worth now?

12 LABURNUM ROAD might now be worth an estimated £168,228.

This is based on house price inflation of 40.2%, between July 2015 and July 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 40.2% inflationary increase is applied to the most recent sale price for 12 LABURNUM ROAD of £120,000 on 17th July 2015. For the value to have increased from £120,000 to £168,228 over the eleven years to July 2026, the following assumptions must hold true:

• The value of 12 LABURNUM ROAD has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The July 2015 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 12 LABURNUM ROAD has not materially changed since July 2015.

Where is 12 LABURNUM ROAD?

12 LABURNUM ROAD is located in ORMESBY, in the TS7 postcode district.