15, LONGBANK ROAD, ORMESBY, MIDDLESBROUGH, TS7 9EX - £150,000

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.

15 LONGBANK ROAD is a very small extended detached house of 71m², built sometime between 1950 and 1966, which could now be worth an estimated £205,434. It was last sold for £150,000 in June 2017, which was around 21% below the average June 2017 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

15 LONGBANK ROAD Sold Prices

Land registry data shows one sale for 15 LONGBANK ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average 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
2017 28 JUN	£150,000	£189,738	21% below HPI

What might 15 LONGBANK ROAD be worth now?

15 LONGBANK ROAD might now be worth an estimated £205,434.

This is based on house price inflation of 37%, between June 2017 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 37% inflationary increase is applied to the most recent sale price for 15 LONGBANK ROAD of £150,000 on 28th June 2017. For the value to have increased from £150,000 to £205,434 over the nine years and one month to May 2026, the following assumptions must hold true:

• The value of 15 LONGBANK ROAD has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The June 2017 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 15 LONGBANK ROAD has not materially changed since June 2017.

How Large is 15 LONGBANK ROAD?

15 LONGBANK ROAD is 71m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Middlesbrough, and where 15 LONGBANK ROAD lies on this distribution: 5% of detached houses are smaller than 15 LONGBANK ROAD, and 95% of detached houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

15 LONGBANK ROAD: Plot

15 LONGBANK ROAD sits on a plot of roughly 0.097 of an acre, or 394m².

Where is 15 LONGBANK ROAD?

15 LONGBANK ROAD is located in ORMESBY, in the TS7 postcode district.