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Somerset Square is a residential street with 22 addresses.
It ranks as the 636th largest and 499th most expensive of the 1,212 streets in the SR3 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 22 properties: 22 houses.
Somerset Square is a residential street with 22 addresses.
It ranks as the 636th largest and 499th most expensive of the 1,212 streets in the SR3 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 22 properties: 22 houses.
Sale prices range from £99,989 for 2 bedroom freehold houses with a garden (721 ft2) to £122,789 for 3 bedroom freehold houses with a garden (1,054 ft2) .
Monthly rental prices range from £696 pcm for 2 bed houses to £746 pcm for 3 bed houses.
The gross rental yield is between 7.3% and 8.3%.
The average value per square foot is £127.
The last sale on Somerset Square sold for £80,000 on 26th January 2024. Since then prices are up an average of 7.4%.
The current average value in the street is £109,154.
The Somerset Square Sales Market has increased by 41.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.1% | £109,154 |
| May 2025 | 3.5% | £109,288 |
| May 2024 | 4.5% | £105,626 |
| May 2023 | 0.8% | £101,125 |
| May 2022 | 11.9% | £100,347 |
| May 2021 | 8.8% | £89,686 |
| May 2020 | 1.1% | £82,451 |
| May 2019 | 0.6% | £81,520 |
| May 2018 | 1.4% | £81,013 |
| May 2017 | 3.2% | £79,886 |
| May 2016 | 0% | £77,385 |
| May 2015 | 0.3% | £77,362 |
| May 2014 | 2.2% | £77,161 |
| May 2013 | 2.7% | £75,483 |
| May 2012 | -1.3% | £73,505 |
| May 2011 | -3.2% | £74,447 |
| May 2010 | 0.8% | £76,869 |
| May 2009 | -12.6% | £76,261 |
| May 2008 | 1.3% | £87,292 |
| May 2007 | 0% | £86,183 |
The current average rental value in the street is £720.
The Somerset Square Rental Market has increased by 47.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.8% | £720pcm |
| May 2025 | 2.4% | £701pcm |
| May 2024 | 8.3% | £684pcm |
| May 2023 | 11.4% | £632pcm |
| May 2022 | 12% | £567pcm |
| May 2021 | 3.1% | £506pcm |
| May 2020 | -0.2% | £491pcm |
| May 2019 | 0.2% | £492pcm |
| May 2018 | 0.5% | £491pcm |
| May 2017 | -0.1% | £489pcm |
| May 2016 | 1.6% | £489pcm |
| May 2015 | 0.8% | £481pcm |
| May 2014 | 1.5% | £478pcm |
| May 2013 | -0.6% | £471pcm |
| May 2012 | -1.3% | £474pcm |
| May 2011 | 0% | £480pcm |
| May 2010 | 0.7% | £480pcm |
| May 2009 | -4.9% | £476pcm |
| May 2008 | 3.2% | £501pcm |
| May 2007 | 0% | £485pcm |
The last sale was on 26th January 2024 for £80,000 and since then the market in the area has increased by 7.4%. The street has had a total of 20 sales since 1995.
Somerset Square, Sunderland, SR3 has seen 1 sale in the last three years and no sales in the last twelve months.
Somerset Square, Sunderland, SR3 is the 636th largest and the 499th most expensive street in the SR3 area.
There is 1 postcode on Somerset Square, Sunderland, SR3.
The closest station to Somerset Square, Sunderland, SR3 is Sunderland station which is 3.4 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around Somerset Square, Sunderland, SR3, 37.9% of property is privately owned with a mortgage and 33.9% is privately owned outright.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Somerset Square, Sunderland, SR3, 21.9% of residents are recorded as possessing school level qualifications and 13.8% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Somerset Square, Sunderland, SR3, the average age was 38.4 and the most common age was 32.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Somerset Square, Sunderland, SR3, 0.0% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Somerset Square, Sunderland, SR3, there are an average of 1.2 cars per household.
See below for how this compares to North East and the rest of England & Wales.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.