8, CEDAR ROAD, ORMESBY, MIDDLESBROUGH, TS7 9DL - £98,000

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.

8 CEDAR ROAD is a detached house, which could now be worth an estimated £239,245. It was last sold for £98,000 in January 2003, which was around 8% below the average January 2003 detached price in the Redcar and Cleveland local authority area.

8 CEDAR ROAD Sold Prices

Land registry data shows two sales for 8 CEDAR ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Redcar and Cleveland local authority area for the corresponding sale date. Both of the two 8 CEDAR ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2003 10 JAN	£98,000	£106,701	8% below HPI
2002 31 MAY	£66,000	£89,380	26% below HPI

What might 8 CEDAR ROAD be worth now?

8 CEDAR ROAD might now be worth an estimated £239,245.

This is based on house price inflation of 144.1%, between January 2003 and April 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 144.1% inflationary increase is applied to the most recent sale price for 8 CEDAR ROAD of £98,000 on 10th January 2003. For the value to have increased from £98,000 to £239,245 over the 22 years and nine months to April 2026, the following assumptions must hold true:

• The value of 8 CEDAR ROAD has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The January 2003 sale price of £98,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CEDAR ROAD has not materially changed since January 2003.

Where is 8 CEDAR ROAD?

8 CEDAR ROAD is located in ORMESBY, in the TS7 postcode district.