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Property details for 25 Farmbank Road, Ormesby, Middlesbrough TS7 9EE

Historic details available for this property Semi-detached house, Freehold, 2 Beds, 1 Bath, 1 Recep - Edit
Zoopla Estimate: £128,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £128,000
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  • Value change
    3,850 (3.1%) 500 (0.4%) 0 (-0.0%) 6,750 (5.6%) 13,100 (11.4%) 12,450 (10.8%) 13,250 (11.6%)  
    from 
  • Rental value
    £550 pcm
  • Confidence level
    89
  • Value range
    £119,000 - £136,000
  • Rental range
    £500 - £600 pcm

Monthly running costs Beta

£531 Monthly total
Remortgage
Property value
Loan amount (60%) 76,800
Repayment term 25
Interest rate 0.5
Your payment £272 /mo Find remortgage deals In partnership with
Remortgage costs explained

The initial estimated monthly remortgage payment is calculated using a loan to value of 60% of the current value of a property, a term of 25 years, and a representative interest rate.

It is important to note that the mortgage repayments figure shown is only intended as a guide.

Ensure mortgage lenders are consulted to obtain an accurate quote. We do not accept any responsibility for any inaccuracies or errors in this regard.

Home Insurance Rebuild value up to £1,000,000 Contents value up to £80,000 Average insurance cost £9/mo (£112/yr)
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Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

Energy Gas £47 Electricity £42 Estimated energy cost £89/mo (£1,071/yr)

Reduce your energy costs by up to £190/year

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Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 12500 kWh/year
Electricity: 3000 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Redcar and Cleveland

Estimated tax band B Council tax cost £130 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water Supply £14 Sewerage £17 Estimated water cost £31 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

Public info

Property type: Semi-detached house | Tenure: Freehold | Last sale: £124,995 | Sale date: 7th Dec 2006

This 2 bed freehold semi-detached house is located at 25 Farmbank Road, Ormesby, Middlesbrough TS7 9EE and has an estimated current value of £128,000. Farmbank Road, TS7 has 52 properties on it with a current average value of £146,364, compared to an an average property value of £206,144 for TS7. There have been 7 property sales on Farmbank Road over the last 5 years with an average sold house price of £116,571 and this semi-detached house was last sold on 7th Dec 2006 for £124,995. There are currently 96 homes for sale in TS7 with an average asking price of £302,403 and 11 houses and flats to rent in TS7 with an average asking rent of £156 pw.

Property history

Property history Farm Bank Road, Ormesby, Middlesbrough TS7

Previously listed for sale on 17th Apr 2013 for £149,950

3 bed bungalow

Property history of 25 Farmbank Road, Ormesby, Middlesbrough TS7 9EE

Deceptively spacious three bedroom semi- detached dormer bungalow, nicely presented throughout, 14ft lounge with A feature marble fire surround, modern fitted kitchen with built in applicances and granite work surface. (contd...)

See details for 25 Farmbank Road, Ormesby, Middlesbrough TS7 9EE when it was last marketed:

Owner info

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Market activity
Average price paid £206,575 Sales 280 Current average value £206,144 (Zoopla Zed-Index) Value change £4,167 ▲ 2.06%

What is the current average value of properties in TS7?

The current average value in TS7 in December 2016 is £206,144. This has increased 2.89% from September 2016. Terraced properties sold for a current average value of £113,631 and semi-detached properties valued £164,627. In the past year property prices in TS7 have increased 2.06%. This is according to the current Zoopla estimates.

Property value data/graphs for TS7

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £287,054 £197 3.7 £283,998
Semi-detached £164,627 £169 3.1 £147,051
Terraced £113,631 £136 2.8 £118,453
Flats £120,157 £187 1.8 £90,174

Current asking prices in TS7

Average: £275,219
Avg. current asking prices in TS7
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £55,000
(1)
£112,500
(6)
£170,801
(29)
£352,217
(32)
£446,265
(15)
Flats £56,499
(5)
£78,333
(3)
- - -
All £56,249
(6)
£101,111
(9)
£170,801
(29)
£352,217
(32)
£446,265
(15)

Current asking rents in TS7

Average: £676 pcm
Avg. current asking prices in TS7
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £420 pcm
(1)
£587 pcm
(2)
£693 pcm
(1)
£1,200 pcm
(1)
£901 pcm
(2)
Flats - £536 pcm
(4)
- - -
All £420 pcm
(1)
£553 pcm
(6)
£693 pcm
(1)
£1,200 pcm
(1)
£902 pcm
(2)

Fun facts for TS7

Highest value in TS7
Highest value streets Zed-Index
Collingham Drive £579,492
Nunthorpe Gardens £493,723
The Grove £446,257
Ellerbeck Avenue £436,970
Cleveland Drive £408,949
Highest turnover in TS7
Highest turnover streets Turnover
Carmel Gardens 45.5%
Green Close 36.8%
Hilderthorpe 34.3%
Gainsborough Road 33.3%
Laurel Road 33.3%

What Zoopla users think of Ormesby

Overall rating:

  • currently 3 stars
Good - 63%

Ratings breakdown:

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Community & safety
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Local info for Redcar and Cleveland

About the neighbours in TS7

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