7 Somerset Street

    7, SOMERSET STREET, MIDDLESBROUGH, TS1 2EF

    This terraced freehold property on Somerset Street last sold in November 2016 for £70,000. Based on price growth in the TS1 district since then, its estimated current value is £89,856 — placing it in the 3rd percentile nationally and the 81st percentile within TS1. The property covers 124 m² (1,335 sq ft), giving an estimated value of £725 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,335 sq ft

    124 m²

    Last Sale Price

    £70,000

    Nov 2016

    Estimated Valuation

    £89,856

    Est. £/sq ft

    £67/sq ft

    £725/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area1,335 sq ft (124 m²)
    EPC dateMar 2016
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 Nov 2016

    £70,000

    31 Jan 2008

    £71,000

    28 Nov 2003

    £25,000

    16 Jun 2003

    £17,500

    Key Metrics

    Estimated valuation£89,856
    Value per sq ft / m²£67/sq ft (£725/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    TS1 district percentile81st percentile
    National percentile3rd percentile

    District Context — TS1

    TS1 covers central Stockton-on-Tees in the North East, situated on the River Tees. It is a diverse, densely populated urban centre with a significant rented housing market and a younger demographic profile.

    Average Property Price - TS1

    £72,879

    0

    National percentile

    Average Net Household Income - TS1

    £26,249

    4

    National percentile

    10-Year Annualised Price Growth - TS1

    2.9%

    27

    National percentile

    10-Year Annualised Rent Growth - TS

    2.9%

    4

    National percentile

    View full analysis for TS1

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