36, FARMBANK ROAD, ORMESBY, MIDDLESBROUGH, TS7 9EE - £165,000

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.

36 FARMBANK ROAD is a very small detached house of 70m², built sometime between 1950 and 1966, which could now be worth an estimated £177,469. It was last sold for £165,000 in July 2022, which was around 32% below the average July 2022 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

36 FARMBANK ROAD Sold Prices

Land registry data shows one sale for 36 FARMBANK 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
2022 7 JUL	£165,000	£241,599	32% below HPI

What might 36 FARMBANK ROAD be worth now?

36 FARMBANK ROAD might now be worth an estimated £177,469.

This is based on house price inflation of 7.6%, between July 2022 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 7.6% inflationary increase is applied to the most recent sale price for 36 FARMBANK ROAD of £165,000 on 7th July 2022. For the value to have increased from £165,000 to £177,469 over the four years and two months to May 2026, the following assumptions must hold true:

• The value of 36 FARMBANK ROAD has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The July 2022 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 36 FARMBANK ROAD has not materially changed since July 2022.

How Large is 36 FARMBANK ROAD?

36 FARMBANK ROAD is 70m² according to the EPC inspection conducted in July 2021. 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 36 FARMBANK ROAD lies on this distribution: 4% of detached houses are smaller than 36 FARMBANK ROAD, and 95% of detached houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

36 FARMBANK ROAD: Plot

36 FARMBANK ROAD sits on a plot of roughly 0.072 of an acre, or 292m².

Where is 36 FARMBANK ROAD?

36 FARMBANK ROAD is located in ORMESBY, in the TS7 postcode district.