3, BROOKSBANK CLOSE, ORMESBY, MIDDLESBROUGH, TS7 9DZ - £249,950

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.

3 BROOKSBANK CLOSE is a detached house, which could now be worth an estimated £331,913. It was last sold for £249,950 in July 2008, which was around 27% above the average July 2008 detached price in the Redcar and Cleveland local authority area.

3 BROOKSBANK CLOSE Sold Prices

Land registry data shows four sales for 3 BROOKSBANK CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the four 3 BROOKSBANK CLOSE 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
2008 11 JUL	£249,950	£196,161	27% above HPI
2004 14 SEP	£220,000	£164,681	34% above HPI
2002 21 JUN	£155,000	£92,632	67% above HPI
2001 5 NOV	£150,000	£87,306	72% above HPI

What might 3 BROOKSBANK CLOSE be worth now?

3 BROOKSBANK CLOSE might now be worth an estimated £331,913.

This is based on house price inflation of 32.8%, between July 2008 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 32.8% inflationary increase is applied to the most recent sale price for 3 BROOKSBANK CLOSE of £249,950 on 11th July 2008. For the value to have increased from £249,950 to £331,913 over the eighteen years and three months to April 2026, the following assumptions must hold true:

• The value of 3 BROOKSBANK CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The July 2008 sale price of £249,950 represented a fair market value for the property.
• The size, condition, and specification of 3 BROOKSBANK CLOSE has not materially changed since July 2008.

Where is 3 BROOKSBANK CLOSE?

3 BROOKSBANK CLOSE is located in ORMESBY, in the TS7 postcode district.