40, CLEVELAND CLOSE, ORMESBY, MIDDLESBROUGH, TS7 9BX - £200,000

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.

40 CLEVELAND CLOSE is a large detached house of 132m², built sometime between 1967 and 1975, which could now be worth an estimated £256,044. It was last sold for £200,000 in October 2020, which was around 2% below the average October 2020 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was July 2019, where the current energy rating was E, and the potential energy rating was C.

40 CLEVELAND CLOSE Sold Prices

Land registry data shows one sale for 40 CLEVELAND CLOSE 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
2020 22 OCT	£200,000	£203,470	2% below HPI

What might 40 CLEVELAND CLOSE be worth now?

40 CLEVELAND CLOSE might now be worth an estimated £256,044.

This is based on house price inflation of 28%, between October 2020 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 28% inflationary increase is applied to the most recent sale price for 40 CLEVELAND CLOSE of £200,000 on 22nd October 2020. For the value to have increased from £200,000 to £256,044 over the six years and six months to April 2026, the following assumptions must hold true:

• The value of 40 CLEVELAND CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The October 2020 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 40 CLEVELAND CLOSE has not materially changed since October 2020.

How Large is 40 CLEVELAND CLOSE?

40 CLEVELAND CLOSE is 132m² according to the EPC inspection conducted in July 2019. This puts it in the largest 30% of detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Middlesbrough, and where 40 CLEVELAND CLOSE lies on this distribution: 74% of detached houses are smaller than 40 CLEVELAND CLOSE, and 25% of detached houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

40 CLEVELAND CLOSE: Plot

40 CLEVELAND CLOSE sits on a plot of roughly 0.216 of an acre, or 875m².

Where is 40 CLEVELAND CLOSE?

40 CLEVELAND CLOSE is located in ORMESBY, in the TS7 postcode district.