£60,149
This estimated value is based upon the latest sale price for the house of £50,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for MIDDLESBROUGH 1
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Price Paid | Date |
---|---|
£50,000 | 18 Dec 2020 |
Terraced |
Freehold |
Floor Area: 77 sq meters or 828 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 December 2020 the House Price Index for MIDDLESBROUGH was 86.7.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 20.300%.Applying this 20.300% change to the original purchase price of £50,000 results in an estimated price of approximately £60,149.
18 Dec 2020 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.7 | 104.3 | 20.300 % | £50,000 | £10,149 | £60,149 |
The Postcode Pricing Model uses changes in average sales price within the TS3 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 | -1.159 % | £-579 | £49,420 |
3 Month Average | 37.506 % | £18,753 | £68,753 |
6 Month Average | 28.339 % | £14,169 | £64,169 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Feb 2025 | £86,070 | £84,750 | 98 PREMIER ROAD |
2 Oct 2024 | £4,973,705 | £4,773,421 | ASCENSION VICARAGE PENRITH ROAD |
27 Sep 2024 | £126,965 | £121,000 | 96 HOMERTON ROAD |
10 Nov 2023 | £100,453 | £94,000 | 2 GARSDALE GREEN |
8 Nov 2023 | £83,355 | £78,000 | 31 GRIBDALE ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 11 Jun 2015. Using an estimated price of £60,150 means this house is valued at £781 per sq meter (£72 per sq foot).
The average size of a house on SOMERBY TERRACE is 89 sq meters (968 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Other crime | Investigation complete; no suspect identified | On or near Gribdale Road |
Mar 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Gribdale Road |
Feb 2025 | Violence and sexual offences | Under investigation | On or near Gribdale Road |
Jan 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Gribdale Road |
Jan 2025 | Public order | Investigation complete; no suspect identified | On or near Gribdale Road |