1, BROOKSBANK CLOSE, ORMESBY, MIDDLESBROUGH, TS7 9DZ - £149,950

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.

1 BROOKSBANK CLOSE is a large extended detached house of 139m², built sometime between 1976 and 1982, which could now be worth an estimated £204,735. It was last sold for £149,950 in December 2016, which was around 20% below the average December 2016 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was C.

1 BROOKSBANK CLOSE Sold Prices

Land registry data shows two sales for 1 BROOKSBANK CLOSE 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. One of the two 1 BROOKSBANK CLOSE sales was for below the average price, whilst the other was for above 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
2016 16 DEC	£149,950	£187,395	20% below HPI
2007 29 MAR	£275,000	£194,352	41% above HPI

1 BROOKSBANK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Redcar and Cleveland local authority area over time, sourced from the HPI. The two 1 BROOKSBANK CLOSE sales from March 2007 and December 2016 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2007 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the December 2016 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 1 BROOKSBANK CLOSE be worth now?

1 BROOKSBANK CLOSE might now be worth an estimated £204,735.

This is based on house price inflation of 36.5%, between December 2016 and February 2025, 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 36.5% inflationary increase is applied to the most recent sale price for 1 BROOKSBANK CLOSE of £149,950 on 16th December 2016. For the value to have increased from £149,950 to £204,735 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 BROOKSBANK CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The December 2016 sale price of £149,950 represented a fair market value for the property.
• The size, condition, and specification of 1 BROOKSBANK CLOSE has not materially changed since December 2016.

How Large is 1 BROOKSBANK CLOSE?

1 BROOKSBANK CLOSE is 139m², which includes one extension, according to the EPC inspection conducted in October 2015. This puts it in the largest 30% of detached houses houses in Middlesbrough, based on EPC data. The below chart shows the distribution of detached houses houses by size in Middlesbrough, and where 1 BROOKSBANK CLOSE lies on this distribution: 79% of detached houses houses are smaller than 1 BROOKSBANK CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

1 BROOKSBANK CLOSE: Plot and Title Map

1 BROOKSBANK CLOSE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 1 BROOKSBANK CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 1 BROOKSBANK CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 1 BROOKSBANK CLOSE?

1 BROOKSBANK CLOSE is located in ORMESBY, in the TS7 postcode district. The below map shows the position of No. 1 on BROOKSBANK CLOSE.