40, ORMESBY BANK, ORMESBY, MIDDLESBROUGH, TS7 9EB - £185,000

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 ORMESBY BANK is a semi-detached house, which could now be worth an estimated £222,455. It was last sold for £185,000 in June 2021, which was around 39% above the average June 2021 semi-detached price in the Redcar and Cleveland local authority area.

40 ORMESBY BANK Sold Prices

Land registry data shows one sale for 40 ORMESBY BANK since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2021 1 JUN	£185,000	£132,966	39% above HPI

What might 40 ORMESBY BANK be worth now?

40 ORMESBY BANK might now be worth an estimated £222,455.

This is based on house price inflation of 20.2%, between June 2021 and April 2026, for semi-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 20.2% inflationary increase is applied to the most recent sale price for 40 ORMESBY BANK of £185,000 on 1st June 2021. For the value to have increased from £185,000 to £222,455 over the five years and two months to April 2026, the following assumptions must hold true:

• The value of 40 ORMESBY BANK has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The June 2021 sale price of £185,000 represented a fair market value for the property.
• The size, condition, and specification of 40 ORMESBY BANK has not materially changed since June 2021.

Where is 40 ORMESBY BANK?

40 ORMESBY BANK is located in ORMESBY, in the TS7 postcode district.