3, HIGHBANK ROAD, ORMESBY, MIDDLESBROUGH, TS7 9EH - £115,000

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.

3 HIGHBANK ROAD is a detached house, which could now be worth an estimated £250,719. It was last sold for £115,000 in August 2003, which was around 4% below the average August 2003 detached price in the Redcar and Cleveland local authority area.

3 HIGHBANK ROAD Sold Prices

Land registry data shows two sales for 3 HIGHBANK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Both of the two 3 HIGHBANK ROAD sales were for below 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
2003 29 AUG	£115,000	£119,480	4% below HPI
1997 13 JUN	£51,000	£74,984	32% below HPI

What might 3 HIGHBANK ROAD be worth now?

3 HIGHBANK ROAD might now be worth an estimated £250,719.

This is based on house price inflation of 118%, between August 2003 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 118% inflationary increase is applied to the most recent sale price for 3 HIGHBANK ROAD of £115,000 on 29th August 2003. For the value to have increased from £115,000 to £250,719 over the 23 years and four months to April 2026, the following assumptions must hold true:

• The value of 3 HIGHBANK ROAD has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The August 2003 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HIGHBANK ROAD has not materially changed since August 2003.

Where is 3 HIGHBANK ROAD?

3 HIGHBANK ROAD is located in ORMESBY, in the TS7 postcode district.