14A, WELBURN GROVE, ORMESBY, MIDDLESBROUGH, TS7 9BN - £35,000

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.

14A WELBURN GROVE is a small flat of 53m², built sometime between 1950 and 1966, which could now be worth an estimated £41,379. It was last sold for £35,000 in December 2020, which was around 49% below the average December 2020 flat price in the Redcar and Cleveland local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

14A WELBURN GROVE Sold Prices

Land registry data shows two sales for 14A WELBURN GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Redcar and Cleveland local authority area for the corresponding sale date. Both of the two 14A WELBURN GROVE 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
2020 18 DEC	£35,000	£68,714	49% below HPI
2012 20 MAR	£60,000	£64,403	7% below HPI

What might 14A WELBURN GROVE be worth now?

14A WELBURN GROVE might now be worth an estimated £41,379.

This is based on house price inflation of 18.2%, between December 2020 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 18.2% inflationary increase is applied to the most recent sale price for 14A WELBURN GROVE of £35,000 on 18th December 2020. For the value to have increased from £35,000 to £41,379 over the six years and eight months to April 2026, the following assumptions must hold true:

• The value of 14A WELBURN GROVE has moved in line with the HPI for flats in the Redcar and Cleveland local authority area.
• The December 2020 sale price of £35,000 represented a fair market value for the property.
• The size, condition, and specification of 14A WELBURN GROVE has not materially changed since December 2020.

How Large is 14A WELBURN GROVE?

14A WELBURN GROVE is 53m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 40% of flats in Middlesbrough, based on EPC data. 37% of flats are smaller than 14A WELBURN GROVE, and 63% of flats are larger. Note that EPC data is not available for all properties in Middlesbrough.

14A WELBURN GROVE: Plot

14A WELBURN GROVE sits on a plot of roughly 0.151 of an acre, or 612m².

Where is 14A WELBURN GROVE?

14A WELBURN GROVE is located in ORMESBY, in the TS7 postcode district.