£118,795
This estimated value is based upon the latest sale price for the house of £94,388 on 11 Jul 2017. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
There has been one burglary within the last year on or near Somerset Street
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| Price Paid | Date |
|---|---|
| £94,388 | 11 Jul 2017 |
| £42,000 | 25 May 2012 |
| £15,250 | 27 Jun 2001 |
| £11,000 | 21 Oct 1999 |
| £11,000 | 10 Aug 1999 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 sq feet |
This model uses changes in the Official Land Registry House Price Index for MIDDLESBROUGH to estimate the market value.
When this house was purchased in July 2017 the House Price Index for MIDDLESBROUGH was 116.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.859%.Applying this 25.859% change to the original purchase price of £94,388 results in an estimated price of approximately £118,795.
| 11 Jul 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 146.7 | 25.859 % | £94,388 | £24,407 | £118,795 |
The Postcode Pricing Model uses changes in average sales price within the TS1 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 24.709 % | £23,322 | £117,710 |
| 3 Month Average | 22.100 % | £20,859 | £115,247 |
| 6 Month Average | 19.418 % | £18,328 | £112,716 |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 27 Oct 2016.
The average size of a house on SOMERSET STREET is 87 sq meters (946 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Somerset Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Somerset Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Somerset Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Somerset Street |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Somerset Street |