33, CLEVELAND CLOSE, ORMESBY, MIDDLESBROUGH, TS7 9BX - £240,000

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.

33 CLEVELAND CLOSE is a very large extended detached house of 152m², built sometime between 1950 and 1966, which could now be worth an estimated £319,296. It was last sold for £240,000 in July 2019, which was around 25% above the average July 2019 detached price in the Redcar and Cleveland local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was C.

33 CLEVELAND CLOSE Sold Prices

Land registry data shows two sales for 33 CLEVELAND 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 33 CLEVELAND CLOSE sales was for above the average price, whilst the other was 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
2019 1 JUL	£240,000	£192,319	25% above HPI
2016 5 SEP	£185,000	£186,597	1% below HPI

33 CLEVELAND 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 33 CLEVELAND CLOSE sales from September 2016 and July 2019 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 September 2016 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the July 2019 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 33 CLEVELAND CLOSE be worth now?

33 CLEVELAND CLOSE might now be worth an estimated £319,296.

This is based on house price inflation of 33%, between July 2019 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 33% inflationary increase is applied to the most recent sale price for 33 CLEVELAND CLOSE of £240,000 on 1st July 2019. For the value to have increased from £240,000 to £319,296 over the six years and five months to February 2025, the following assumptions must hold true:

• The value of 33 CLEVELAND CLOSE has moved in line with the HPI for detached houses in the Redcar and Cleveland local authority area.
• The July 2019 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 33 CLEVELAND CLOSE has not materially changed since July 2019.

How Large is 33 CLEVELAND CLOSE?

33 CLEVELAND CLOSE is 152m², which includes two extensions, according to the EPC inspection conducted in January 2016. This puts it in the largest 20% 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 33 CLEVELAND CLOSE lies on this distribution: 85% of detached houses houses are smaller than 33 CLEVELAND CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Middlesbrough.

33 CLEVELAND CLOSE: Plot and Title Map

33 CLEVELAND CLOSE sits on a plot of roughly 0.111 of an acre, or 449m². The below map shows the location of 33 CLEVELAND 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 33 CLEVELAND 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 33 CLEVELAND CLOSE?

33 CLEVELAND CLOSE is located in ORMESBY, in the TS7 postcode district. The below map shows the position of No. 33 on CLEVELAND CLOSE.