16, CLEVELAND CLOSE, ORMESBY, MIDDLESBROUGH, TS7 9BX - £190,000

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.

16 CLEVELAND CLOSE is a detached house, which could now be worth an estimated £274,605. It was last sold for £190,000 in July 2010, which was around 5% above the average July 2010 detached price in the Redcar and Cleveland local authority area.

16 CLEVELAND CLOSE Sold Prices

Land registry data shows two sales for 16 CLEVELAND CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Both of the two 16 CLEVELAND CLOSE sales were for above 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
2010 30 JUL	£190,000	£180,231	5% above HPI
2001 18 MAY	£105,250	£84,658	24% above HPI

What might 16 CLEVELAND CLOSE be worth now?

16 CLEVELAND CLOSE might now be worth an estimated £274,605.

This is based on house price inflation of 44.5%, between July 2010 and April 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 44.5% inflationary increase is applied to the most recent sale price for 16 CLEVELAND CLOSE of £190,000 on 30th July 2010. For the value to have increased from £190,000 to £274,605 over the sixteen years and three months to April 2026, the following assumptions must hold true:

• The value of 16 CLEVELAND CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The July 2010 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 16 CLEVELAND CLOSE has not materially changed since July 2010.

Where is 16 CLEVELAND CLOSE?

16 CLEVELAND CLOSE is located in ORMESBY, in the TS7 postcode district.