4, BROOKSBANK CLOSE, ORMESBY, MIDDLESBROUGH, TS7 9DZ - £245,000

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.

4 BROOKSBANK CLOSE is a detached house, which could now be worth an estimated £343,908. It was last sold for £245,000 in September 2006, which was around 32% above the average September 2006 detached price in the Redcar and Cleveland local authority area.

4 BROOKSBANK CLOSE Sold Prices

Land registry data shows three sales for 4 BROOKSBANK CLOSE 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 4 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
2006 22 SEP	£245,000	£185,570	32% above HPI
2005 11 FEB	£205,000	£162,932	26% above HPI
2002 9 OCT	£145,000	£106,517	36% above HPI

What might 4 BROOKSBANK CLOSE be worth now?

4 BROOKSBANK CLOSE might now be worth an estimated £343,908.

This is based on house price inflation of 40.4%, between September 2006 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 40.4% inflationary increase is applied to the most recent sale price for 4 BROOKSBANK CLOSE of £245,000 on 22nd September 2006. For the value to have increased from £245,000 to £343,908 over the twenty years and five months to April 2026, the following assumptions must hold true:

• The value of 4 BROOKSBANK CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The September 2006 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BROOKSBANK CLOSE has not materially changed since September 2006.

Where is 4 BROOKSBANK CLOSE?

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