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Property details for 58a Farmbank Road, Ormesby, Middlesbrough TS7 9EE

Detached house, Freehold - Edit
Zoopla Estimate: £302,000

Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £302,000
    Refine estimate

  • Value change
    1,400 (0.5%) 6,050 (-2.0%) 5,250 (1.8%) 12,950 (4.5%) 25,350 (9.2%) 33,100 (12.3%) 27,400 (10.0%)  
    from 
  • Rental value
    £1,000 pcm
  • Confidence level
    86
  • Value range
    £285,000 - £319,000
  • Rental range
    £900 - £1,150 pcm

Monthly running costs Beta

£883 Monthly total
Remortgage
Property value
Loan amount (60%) 181,200
Repayment term 25
Interest rate 0.5
Your payment £642 /mo Find remortgage deals In partnership with uSwitch
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.

Energy Gas -- Electricity -- Estimated energy cost --/mo (--/yr) Compare energy deals now In partnership with uSwitch
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: unknown kWh/year
Electricity: unknown kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Redcar and Cleveland

Estimated tax band F Council tax cost £241 /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 -- Sewerage -- Estimated water cost -- /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: Detached house | Tenure: Freehold | Last sale: £299,950 | Sale date: 6th Jun 2008 New build

This freehold detached house is located at 58a Farmbank Road, Ormesby, Middlesbrough TS7 9EE and has an estimated current value of £302,000. Farmbank Road, TS7 has 52 properties on it with a current average value of £141,917, compared to an average property value of £200,430 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 detached house was last sold on 6th Jun 2008 for £299,950. There are currently 99 houses and flats for sale in TS7 with an average asking price of £290,389 and 12 properties to rent in TS7 with an average asking rent of £140 pw.

Owner info

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Market activity
Average price paid £205,465 Sales 281 Current average value £200,430 (Zoopla Zed-Index) Value change £6,718 ▲ 3.47%

What is the current average value of properties in TS7?

The current average value in TS7 in January 2017 is £200,430. This has increased 0.86% from October 2016. Terraced properties sold for a current average value of £111,950 and semi-detached properties valued £158,595. In the past year property prices in TS7 have increased 3.47%. 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 £279,764 £192 3.7 £283,998
Semi-detached £158,595 £165 3.1 £147,051
Terraced £111,950 £134 2.8 £118,453
Flats £117,137 £182 1.8 £90,174

Current asking prices in TS7

Average: £266,130
Avg. current asking prices in TS7
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £55,000
(1)
£113,431
(8)
£168,812
(28)
£328,999
(33)
£431,328
(15)
Flats £60,624
(4)
£69,983
(3)
- - -
All £59,499
(5)
£101,582
(11)
£168,812
(28)
£328,999
(33)
£431,328
(15)

Current asking rents in TS7

Average: £606 pcm
Avg. current asking prices in TS7
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £221 pcm
(1)
£576 pcm
(5)
£698 pcm
(2)
£1,200 pcm
(1)
-
Flats - £526 pcm
(3)
- - -
All £221 pcm
(1)
£557 pcm
(8)
£698 pcm
(2)
£1,200 pcm
(1)
-

Fun facts for TS7

Highest value in TS7
Highest value streets Zed-Index
Collingham Drive £564,451
Nunthorpe Gardens £481,764
The Grove £434,805
Ellerbeck Avenue £425,130
Sinderby Lane £412,120
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:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
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Restaurants & shopping
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Local info for Redcar and Cleveland

About the neighbours in TS7

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