147, ORMESBY BANK, ORMESBY, MIDDLESBROUGH, TS7 9HP - £122,000

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.

147 ORMESBY BANK is a semi-detached house, which could now be worth an estimated £391,006. It was last sold for £122,000 in June 2001, which was around 145% above the average June 2001 semi-detached price in the Redcar and Cleveland local authority area.

147 ORMESBY BANK Sold Prices

Land registry data shows one sale for 147 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
2001 1 JUN	£122,000	£49,887	145% above HPI

What might 147 ORMESBY BANK be worth now?

147 ORMESBY BANK might now be worth an estimated £391,006.

This is based on house price inflation of 220.5%, between June 2001 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 220.5% inflationary increase is applied to the most recent sale price for 147 ORMESBY BANK of £122,000 on 1st June 2001. For the value to have increased from £122,000 to £391,006 over the 25 years and two months to April 2026, the following assumptions must hold true:

• The value of 147 ORMESBY BANK has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The June 2001 sale price of £122,000 represented a fair market value for the property.
• The size, condition, and specification of 147 ORMESBY BANK has not materially changed since June 2001.

Where is 147 ORMESBY BANK?

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