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.
48 FARMBANK ROAD is a semi-detached house, which could now be worth an estimated £192,286. It was last sold for £182,000 in March 2025, which was around 20% above the average March 2025 semi-detached price in the Redcar and Cleveland local authority area.
Land registry data shows three sales for 48 FARMBANK ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Redcar and Cleveland local authority area for the corresponding sale date. All of the three 48 FARMBANK ROAD 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 |
|---|---|---|---|
2025 28 MAR | £182,000 | £151,766 | 20% above HPI |
2021 27 MAY | £160,000 | £131,564 | 22% above HPI |
2003 14 FEB | £93,000 | £61,166 | 52% above HPI |
48 FARMBANK ROAD might now be worth an estimated £192,286.
This is based on house price inflation of 5.7%, between March 2025 and May 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 5.7% inflationary increase is applied to the most recent sale price for 48 FARMBANK ROAD of £182,000 on 28th March 2025. For the value to have increased from £182,000 to £192,286 over the ten months to May 2026, the following assumptions must hold true:
48 FARMBANK ROAD is located in ORMESBY, in the TS7 postcode district.
Most recent sales first: