£91,051
This estimated value is based upon the latest sale price for the house of £70,000 on 3 Nov 2016. 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 |
|---|---|
| £70,000 | 3 Nov 2016 |
| £71,000 | 31 Jan 2008 |
| £25,000 | 28 Nov 2003 |
| £17,500 | 16 Jun 2003 |
| Terraced |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 November 2016 the House Price Index for MIDDLESBROUGH was 112.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 30.073%.Applying this 30.073% change to the original purchase price of £70,000 results in an estimated price of approximately £91,051.
| 3 Nov 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 146.7 | 30.073 % | £70,000 | £21,051 | £91,051 |
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 | 19.944 % | £13,960 | £83,960 |
| 3 Month Average | 33.419 % | £23,393 | £93,393 |
| 6 Month Average | 20.072 % | £14,050 | £84,050 |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 14 Mar 2016.
The average size of a house on SOMERSET STREET is 87 sq meters (946 sq feet).
This house is the largest in the street with a floor area of 124 sq meters (1,334 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 |