31, LONGBANK ROAD, ORMESBY, MIDDLESBROUGH, TS7 9EZ - £120,000

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.

31 LONGBANK ROAD is a detached house, which could now be worth an estimated £169,366. It was last sold for £120,000 in August 2015, which was around 35% below the average August 2015 detached price in the Redcar and Cleveland local authority area.

31 LONGBANK ROAD Sold Prices

Land registry data shows three sales for 31 LONGBANK ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the three 31 LONGBANK 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
2015 26 AUG	£120,000	£184,115	35% below HPI
2008 9 JUN	£135,000	£197,447	32% below HPI
1999 7 OCT	£53,500	£80,190	33% below HPI

What might 31 LONGBANK ROAD be worth now?

31 LONGBANK ROAD might now be worth an estimated £169,366.

This is based on house price inflation of 41.1%, between August 2015 and May 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 41.1% inflationary increase is applied to the most recent sale price for 31 LONGBANK ROAD of £120,000 on 26th August 2015. For the value to have increased from £120,000 to £169,366 over the eleven years and three months to May 2026, the following assumptions must hold true:

• The value of 31 LONGBANK ROAD has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The August 2015 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 31 LONGBANK ROAD has not materially changed since August 2015.

Where is 31 LONGBANK ROAD?

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