23, LONGBANK ROAD, ORMESBY, MIDDLESBROUGH, TS7 9EX - £110,000

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.

23 LONGBANK ROAD is a very small detached house of 65m², built sometime between 1930 and 1949, which could now be worth an estimated £134,215. It was last sold for £110,000 in February 2021, which was around 48% below the average February 2021 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was February 2020, where the current energy rating was E, and the potential energy rating was B.

23 LONGBANK ROAD Sold Prices

Land registry data shows one sale for 23 LONGBANK ROAD 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
2021 12 FEB	£110,000	£213,490	48% below HPI

What might 23 LONGBANK ROAD be worth now?

23 LONGBANK ROAD might now be worth an estimated £134,215.

This is based on house price inflation of 22%, between February 2021 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 22% inflationary increase is applied to the most recent sale price for 23 LONGBANK ROAD of £110,000 on 12th February 2021. For the value to have increased from £110,000 to £134,215 over the four years and ten months to April 2026, the following assumptions must hold true:

• The value of 23 LONGBANK ROAD has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The February 2021 sale price of £110,000 represented a fair market value for the property.
• The size, condition, and specification of 23 LONGBANK ROAD has not materially changed since February 2021.

How Large is 23 LONGBANK ROAD?

23 LONGBANK ROAD is 65m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Middlesbrough, and where 23 LONGBANK ROAD lies on this distribution: 3% of detached houses are smaller than 23 LONGBANK ROAD, and 97% of detached houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

23 LONGBANK ROAD: Plot

23 LONGBANK ROAD sits on a plot of roughly 0.062 of an acre, or 249m².

Where is 23 LONGBANK ROAD?

23 LONGBANK ROAD is located in ORMESBY, in the TS7 postcode district.