7, HIGHBANK ROAD, ORMESBY, MIDDLESBROUGH, TS7 9EH - £132,000

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.

7 HIGHBANK ROAD is a very small detached house of 64m², built sometime between 1950 and 1966, which could now be worth an estimated £192,427. It was last sold for £132,000 in June 2011, which was around 26% below the average June 2011 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was B.

7 HIGHBANK ROAD Sold Prices

Land registry data shows one sale for 7 HIGHBANK 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
2011 24 JUN	£132,000	£178,255	26% below HPI

What might 7 HIGHBANK ROAD be worth now?

7 HIGHBANK ROAD might now be worth an estimated £192,427.

This is based on house price inflation of 45.8%, between June 2011 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 45.8% inflationary increase is applied to the most recent sale price for 7 HIGHBANK ROAD of £132,000 on 24th June 2011. For the value to have increased from £132,000 to £192,427 over the fifteen years and one month to May 2026, the following assumptions must hold true:

• The value of 7 HIGHBANK ROAD has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The June 2011 sale price of £132,000 represented a fair market value for the property.
• The size, condition, and specification of 7 HIGHBANK ROAD has not materially changed since June 2011.

How Large is 7 HIGHBANK ROAD?

7 HIGHBANK ROAD is 64m² according to the EPC inspection conducted in May 2012. This puts it in the smallest 10% of detached houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses by size in Middlesbrough, and where 7 HIGHBANK ROAD lies on this distribution: 2% of detached houses are smaller than 7 HIGHBANK ROAD, and 97% of detached houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

7 HIGHBANK ROAD: Plot

7 HIGHBANK ROAD sits on a plot of roughly 0.084 of an acre, or 339m².

Where is 7 HIGHBANK ROAD?

7 HIGHBANK ROAD is located in ORMESBY, in the TS7 postcode district.