44, LONGBANK ROAD, ORMESBY, MIDDLESBROUGH, TS7 9EZ - £153,500

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.

44 LONGBANK ROAD is a detached house, which could now be worth an estimated £203,284. It was last sold for £153,500 in May 2008, which was around 22% below the average May 2008 detached price in the Redcar and Cleveland local authority area.

44 LONGBANK ROAD Sold Prices

Land registry data shows three sales for 44 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 44 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
2008 9 MAY	£153,500	£196,218	22% below HPI
2007 12 FEB	£150,000	£194,852	23% below HPI
2001 3 OCT	£56,000	£87,724	36% below HPI

What might 44 LONGBANK ROAD be worth now?

44 LONGBANK ROAD might now be worth an estimated £203,284.

This is based on house price inflation of 32.4%, between May 2008 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 32.4% inflationary increase is applied to the most recent sale price for 44 LONGBANK ROAD of £153,500 on 9th May 2008. For the value to have increased from £153,500 to £203,284 over the eighteen years to May 2026, the following assumptions must hold true:

• The value of 44 LONGBANK ROAD has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The May 2008 sale price of £153,500 represented a fair market value for the property.
• The size, condition, and specification of 44 LONGBANK ROAD has not materially changed since May 2008.

Where is 44 LONGBANK ROAD?

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