22, CLEVELAND CLOSE, ORMESBY, MIDDLESBROUGH, TS7 9BX - £270,000

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.

22 CLEVELAND CLOSE is a detached house, which could now be worth an estimated £357,067. It was last sold for £270,000 in May 2007, which was around 37% above the average May 2007 detached price in the Redcar and Cleveland local authority area.

22 CLEVELAND CLOSE Sold Prices

Land registry data shows one sale for 22 CLEVELAND CLOSE 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
2007 4 MAY	£270,000	£196,969	37% above HPI

What might 22 CLEVELAND CLOSE be worth now?

22 CLEVELAND CLOSE might now be worth an estimated £357,067.

This is based on house price inflation of 32.2%, between May 2007 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 32.2% inflationary increase is applied to the most recent sale price for 22 CLEVELAND CLOSE of £270,000 on 4th May 2007. For the value to have increased from £270,000 to £357,067 over the nineteen years and one month to April 2026, the following assumptions must hold true:

• The value of 22 CLEVELAND CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The May 2007 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 22 CLEVELAND CLOSE has not materially changed since May 2007.

Where is 22 CLEVELAND CLOSE?

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