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.
5 SOUTH DRIVE is a semi-detached house, which could now be worth an estimated £177,040. It was last sold for £47,000 in December 1995, which was around 11% above the average December 1995 semi-detached price in the Redcar and Cleveland local authority area.
Land registry data shows one sale for 5 SOUTH DRIVE since 1st 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 |
|---|---|---|---|
1995 15 DEC | £47,000 | £42,446 | 11% above HPI |
5 SOUTH DRIVE might now be worth an estimated £177,040.
This is based on house price inflation of 276.7%, between December 1995 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 276.7% inflationary increase is applied to the most recent sale price for 5 SOUTH DRIVE of £47,000 on 15th December 1995. For the value to have increased from £47,000 to £177,040 over the 31 years and eight months to April 2026, the following assumptions must hold true:
5 SOUTH DRIVE is located in ORMESBY, in the TS7 postcode district.
Most recent sales first: