16, WELBURN GROVE, ORMESBY, MIDDLESBROUGH, TS7 9BN - £82,000

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 WELBURN GROVE is a terraced house, which could now be worth an estimated £107,808. It was last sold for £82,000 in March 2007, which was around 11% below the average March 2007 terraced price in the Redcar and Cleveland local authority area.

16 WELBURN GROVE Sold Prices

Land registry data shows two sales for 16 WELBURN GROVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Redcar and Cleveland local authority area for the corresponding sale date. Both of the two 16 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
2007 30 MAR	£82,000	£92,247	11% below HPI
1998 19 JAN	£23,000	£30,408	24% below HPI

What might 16 WELBURN GROVE be worth now?

16 WELBURN GROVE might now be worth an estimated £107,808.

This is based on house price inflation of 31.5%, between March 2007 and April 2026, for terraced 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 31.5% inflationary increase is applied to the most recent sale price for 16 WELBURN GROVE of £82,000 on 30th March 2007. For the value to have increased from £82,000 to £107,808 over the eighteen years and eleven months to April 2026, the following assumptions must hold true:

• The value of 16 WELBURN GROVE has moved in line with the HPI for terraced houses in the Redcar and Cleveland local authority area.
• The March 2007 sale price of £82,000 represented a fair market value for the property.
• The size, condition, and specification of 16 WELBURN GROVE has not materially changed since March 2007.

Where is 16 WELBURN GROVE?

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