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

Detached house, Freehold - Edit
Zoopla Estimate: £314,000

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Value data/graphs

Estimate feedback

  • Zoopla Estimate

    £314,000
    Refine estimate

  • Value change
    550 (0.2%) 1,950 (0.6%) 1,900 (0.6%) 4,600 (1.5%) 13,600 (4.5%) 31,750 (11.3%) 23,250 (8.0%)  
    from 
  • Rental value
    £1,100 pcm
  • Confidence level
    85
  • Value range
    £295,000 - £333,000
  • Rental range
    £950 - £1,200 pcm

Monthly running costs Beta

£1,136 Monthly total

Remortgage

Property value
Loan amount (60% LTV)
Repayment term 25
Product Term 2 years
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Average property value

The average property value derives from the Zoopla Estimate, which is our assessment of the current market value of a property according to the value of other properties in the area. Our data may be incomplete or inaccurate. Learn more

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 of 1.5%.

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 £65 Electricity £64 Estimated energy cost £129/mo (£1,544/yr)

Similar properties could save up to £440

How Much Could I Save? In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property is based on an average energy consumption of properties in this region.

Estimated consumption

Gas: 17200 kWh/year
Electricity: 4000 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Redcar and Cleveland

Estimated tax band F Council tax cost £254 /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 £314,000. Farmbank Road, TS7 has 52 properties on it with a current average value of £145,775, compared to an average property value of £209,090 for TS7. There have been 8 property sales on Farmbank Road over the last 5 years with an average sold house price of £116,875 and this detached house was last sold on 6th Jun 2008 for £299,950. There are currently 96 houses and flats for sale in TS7 with an average asking price of £241,513 and 15 properties to rent in TS7 with an average asking rent of £122 pw.

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Market activity
Average price paid £202,052 Sales 267 Current average value £209,090 (Zoopla Zed-Index) Value change -£219 ▼ -0.10%

Property value data/graphs for TS7

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £291,112 £195 3.7 £292,276
Semi-detached £167,505 £175 3.1 £167,198
Terraced £114,912 £122 2.8 £113,689
Flats £118,856 £187 1.8 £87,802

Current asking prices in TS7

Average: £241,512
Avg. current asking prices in TS7
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses - £137,536
(14)
£163,091
(32)
£327,891
(29)
£460,831
(6)
Flats £52,899
(5)
£120,625
(4)
- - -
All £52,899
(5)
£133,778
(18)
£163,091
(32)
£327,891
(29)
£460,831
(6)

Current asking rents in TS7

Average: £530 pcm
Avg. current asking prices in TS7
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £559 pcm
(1)
£492 pcm
(4)
£549 pcm
(3)
£823 pcm
(1)
-
Flats £520 pcm
(2)
£480 pcm
(4)
- - -
All £533 pcm
(3)
£486 pcm
(8)
£549 pcm
(3)
£823 pcm
(1)
-

Fun facts for TS7

Highest value in TS7
Highest value streets Zed-Index
Collingham Drive £584,169
Nunthorpe Gardens £499,243
Wildon Grange £498,384
The Grove £454,607
Ellerbeck Avenue £443,552
Highest turnover in TS7
Highest turnover streets Turnover
Green Close 47.4%
Beadlam Avenue 38.5%
Carmel Gardens 36.4%
Morton Carr Lane 35.3%
Gainsborough 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
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

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  • currently stars
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Parks & recreation
  • currently stars
  • 1
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Restaurants & shopping
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  • 1
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  • 3
  • 4
  • 5
Schools & public services
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Transport & travel
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  • 5

Local info for Redcar and Cleveland

About the neighbours in TS7

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