12, WELBURN GROVE, ORMESBY, MIDDLESBROUGH, TS7 9BN - £44,000

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 WELBURN GROVE is a flat, which could now be worth an estimated £90,480. It was last sold for £44,000 in April 2003, which was around 11% above the average April 2003 flat price in the Redcar and Cleveland local authority area.

12 WELBURN GROVE Sold Prices

Land registry data shows one sale for 12 WELBURN GROVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat 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
2003 17 APR	£44,000	£39,505	11% above HPI

What might 12 WELBURN GROVE be worth now?

12 WELBURN GROVE might now be worth an estimated £90,480.

This is based on house price inflation of 105.6%, between April 2003 and April 2026, for flats, 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 105.6% inflationary increase is applied to the most recent sale price for 12 WELBURN GROVE of £44,000 on 17th April 2003. For the value to have increased from £44,000 to £90,480 over the 23 years to April 2026, the following assumptions must hold true:

• The value of 12 WELBURN GROVE has moved in line with the HPI for flats in the Redcar and Cleveland local authority area.
• The April 2003 sale price of £44,000 represented a fair market value for the property.
• The size, condition, and specification of 12 WELBURN GROVE has not materially changed since April 2003.

Where is 12 WELBURN GROVE?

12 WELBURN GROVE is located in ORMESBY, in the TS7 postcode district.