21, FARMBANK ROAD, ORMESBY, MIDDLESBROUGH, TS7 9EE - £90,000

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.

21 FARMBANK ROAD is a very small semi-detached house of 57m², built sometime between 1950 and 1966, which could now be worth an estimated £126,887. It was last sold for £90,000 in May 2019, which was around 21% below the average May 2019 semi-detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

21 FARMBANK ROAD Sold Prices

Land registry data shows one sale for 21 FARMBANK ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2019 22 MAY	£90,000	£113,730	21% below HPI

What might 21 FARMBANK ROAD be worth now?

21 FARMBANK ROAD might now be worth an estimated £126,887.

This is based on house price inflation of 41%, between May 2019 and May 2026, for semi-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 41% inflationary increase is applied to the most recent sale price for 21 FARMBANK ROAD of £90,000 on 22nd May 2019. For the value to have increased from £90,000 to £126,887 over the seven years to May 2026, the following assumptions must hold true:

• The value of 21 FARMBANK ROAD has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The May 2019 sale price of £90,000 represented a fair market value for the property.
• The size, condition, and specification of 21 FARMBANK ROAD has not materially changed since May 2019.

How Large is 21 FARMBANK ROAD?

21 FARMBANK ROAD is 57m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 10% of semi-detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Middlesbrough, and where 21 FARMBANK ROAD lies on this distribution: 5% of semi-detached houses are smaller than 21 FARMBANK ROAD, and 94% of semi-detached houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

21 FARMBANK ROAD: Plot

21 FARMBANK ROAD sits on a plot of roughly 0.059 of an acre, or 239m².

Where is 21 FARMBANK ROAD?

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