Average Price for property in Ormesby Bank, Ormesby, Middlesbrough, TS7 is around £231,807 which varies based on type of property you are interested in and ranges from £270,876 for detached house to around £181,752 for semi-detached. Values have been changing and have risen £1,630 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,076 in last 6 months, £5,954 in last 1 year, £13,780 in last 2 years, £8,063 in last 3 years, £10,528 in last 4 years and £10,219 in last 5 years.
Currently average asking price of a property in Ormesby Bank, Ormesby, Middlesbrough, TS7 is around £270,385 based on approximately 7 properties for sale. Same is the case with rental options based on 9 properties up for rent, average asking rent is around £648 per month.
Estimated property value in Ormesby Bank, Ormesby, Middlesbrough, TS7 is £231,807. Average asking price is £270,385 while average price paid is £182,042 which is up by £5,954 and Avg. asking rent £648.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Ormesby Bank, Ormesby, Middlesbrough, TS7 area. In last 1 year alone average price buyer paid is around £182,042 based on approximately 7 sales in Ormesby Bank, Ormesby, Middlesbrough, TS7 area alone. If you compare it to last 3 years sales of 13 properties where buyers paid around £171,023. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £176,809 for 21 and average amount paid for purchase of approx. 25 properties sold in last 7 years comes to about £176,060 per sale.