58, ORMESBY BANK, ORMESBY, MIDDLESBROUGH, TS7 9ED - £130,000

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.

58 ORMESBY BANK is a semi-detached house, which could now be worth an estimated £179,047. It was last sold for £130,000 in September 2017, which was around 14% above the average September 2017 semi-detached price in the Redcar and Cleveland local authority area.

58 ORMESBY BANK Sold Prices

Land registry data shows one sale for 58 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
2017 1 SEP	£130,000	£113,818	14% above HPI

What might 58 ORMESBY BANK be worth now?

58 ORMESBY BANK might now be worth an estimated £179,047.

This is based on house price inflation of 37.7%, between September 2017 and July 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 37.7% inflationary increase is applied to the most recent sale price for 58 ORMESBY BANK of £130,000 on 1st September 2017. For the value to have increased from £130,000 to £179,047 over the nine years and two months to July 2026, the following assumptions must hold true:

• The value of 58 ORMESBY BANK has moved in line with the HPI for semi-detached houses in the Redcar and Cleveland local authority area.
• The September 2017 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 58 ORMESBY BANK has not materially changed since September 2017.

Where is 58 ORMESBY BANK?

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