20, FARMBANK ROAD, ORMESBY, MIDDLESBROUGH, TS7 9EE - £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.

20 FARMBANK ROAD is a terraced house, which could now be worth an estimated £195,396. It was last sold for £150,000 in November 2007, which was around 61% above the average November 2007 terraced price in the Redcar and Cleveland local authority area.

20 FARMBANK ROAD Sold Prices

Land registry data shows two sales for 20 FARMBANK ROAD 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 20 FARMBANK ROAD 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
2007 8 NOV	£150,000	£93,359	61% above HPI
1995 16 JAN	£59,000	£31,561	87% above HPI

What might 20 FARMBANK ROAD be worth now?

20 FARMBANK ROAD might now be worth an estimated £195,396.

This is based on house price inflation of 30.3%, between November 2007 and May 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 30.3% inflationary increase is applied to the most recent sale price for 20 FARMBANK ROAD of £150,000 on 8th November 2007. For the value to have increased from £150,000 to £195,396 over the nineteen years and six months to May 2026, the following assumptions must hold true:

• The value of 20 FARMBANK ROAD has moved in line with the HPI for terraced houses in the Redcar and Cleveland local authority area.
• The November 2007 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 20 FARMBANK ROAD has not materially changed since November 2007.

Where is 20 FARMBANK ROAD?

20 FARMBANK ROAD is located in ORMESBY, in the TS7 postcode district.