53, ORMESBY BANK, ORMESBY, MIDDLESBROUGH, TS7 9HJ - £125,000

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.

53 ORMESBY BANK is a large extended semi-detached house of 91m², built sometime between 1930 and 1949, which could now be worth an estimated £175,996. It was last sold for £125,000 in July 2020, which was around 10% above the average July 2020 semi-detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was C.

53 ORMESBY BANK Sold Prices

Land registry data shows one sale for 53 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
2020 17 JUL	£125,000	£113,558	10% above HPI

What might 53 ORMESBY BANK be worth now?

53 ORMESBY BANK might now be worth an estimated £175,996.

This is based on house price inflation of 40.8%, between July 2020 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 40.8% inflationary increase is applied to the most recent sale price for 53 ORMESBY BANK of £125,000 on 17th July 2020. For the value to have increased from £125,000 to £175,996 over the six years and three months to April 2026, the following assumptions must hold true:

• The value of 53 ORMESBY BANK has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The July 2020 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 53 ORMESBY BANK has not materially changed since July 2020.

How Large is 53 ORMESBY BANK?

53 ORMESBY BANK is 91m², which includes one extension, according to the EPC inspection conducted in November 2013. This puts it in the largest 40% of semi-detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Middlesbrough, and where 53 ORMESBY BANK lies on this distribution: 64% of semi-detached houses are smaller than 53 ORMESBY BANK, and 34% of semi-detached houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

53 ORMESBY BANK: Plot

53 ORMESBY BANK sits on a plot of roughly 0.119 of an acre, or 480m².

Where is 53 ORMESBY BANK?

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