6, MEADOWBANK ROAD, ORMESBY, MIDDLESBROUGH, TS7 9EN - £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.

6 MEADOWBANK ROAD is a small extended detached house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £178,042. It was last sold for £130,000 in June 2017, which was around 31% below the average June 2017 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was April 2015, where the current energy rating was E, and the potential energy rating was B.

6 MEADOWBANK ROAD Sold Prices

Land registry data shows one sale for 6 MEADOWBANK ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average 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 8 JUN	£130,000	£189,738	31% below HPI

What might 6 MEADOWBANK ROAD be worth now?

6 MEADOWBANK ROAD might now be worth an estimated £178,042.

This is based on house price inflation of 37%, between June 2017 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 37% inflationary increase is applied to the most recent sale price for 6 MEADOWBANK ROAD of £130,000 on 8th June 2017. For the value to have increased from £130,000 to £178,042 over the nine years and one month to May 2026, the following assumptions must hold true:

• The value of 6 MEADOWBANK ROAD has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The June 2017 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 6 MEADOWBANK ROAD has not materially changed since June 2017.

How Large is 6 MEADOWBANK ROAD?

6 MEADOWBANK ROAD is 94m², which includes one extension, according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% of detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Middlesbrough, and where 6 MEADOWBANK ROAD lies on this distribution: 28% of detached houses are smaller than 6 MEADOWBANK ROAD, and 71% of detached houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

6 MEADOWBANK ROAD: Plot

6 MEADOWBANK ROAD sits on a plot of roughly 0.067 of an acre, or 271m².

Where is 6 MEADOWBANK ROAD?

6 MEADOWBANK ROAD is located in ORMESBY, in the TS7 postcode district.