15 BRITANNIA TERRACE

£139,951

Full Address

15 BRITANNIA TERRACE
HOUGHTON LE SPRING
HOUGHTON LE SPRING
TYNE AND WEAR
UNITED KINGDOM
DH4 6LJ

Estimated Market Value

£139,951

This estimated value is based upon the latest sale price for the house of £80,000 on 10 Oct 2008. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1

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Transactions for this house
Price PaidDate
£80,00010 Oct 2008
£28,95010 Jul 1995
House Details
Terraced
Freehold
Floor Area: 94 sq meters or 1,011 sq feet

House Price Models

Land Registry House Price Index Model

This model uses changes in the Official Land Registry House Price Index for TYNE AND WEAR to estimate the market value.

When this house was purchased in October 2008 the House Price Index for TYNE AND WEAR was 84.9.

The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.939%.

Applying this 74.939% change to the original purchase price of £80,000 results in an estimated price of approximately £139,951.

10 Oct 2008 1 Mar 2024 % change Purchase Price Gain / Loss Estimated Price
84.9 148.6 74.939 % £80,000 £59,951 £139,951

The Postcode Pricing Model uses changes in average sales price within the DH4 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 42.418 % £33,934 £113,934
3 Month Average 14.513 % £11,610 £91,610
6 Month Average 6.864 % £5,491 £85,491
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
9 Nov 2023 £42,124 £41,500 2 BLUMER STREET
7 Nov 2023 £65,977 £65,000 21 DURHAM STREET
29 Aug 2023 £45,397 £45,000 3 BLUMER STREET
31 Jul 2023 £39,532 £39,000 11 BLUMER STREET
28 Jun 2023 £65,797 £65,000 9 SOUTH STREET

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House Size

This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 20 Nov 2015. Using an estimated price of £139,951 means this house is valued at £1,488 per sq meter (£138 per sq foot).

The average size of a house on BRITANNIA TERRACE is 89 sq meters (958 sq feet).

Recent Crimes Near Here
DateCrimeOutcomeWhere
Mar 2024 Violence and sexual offences Under investigation On or near Britannia Terrace
Jan 2024 Public order Investigation complete; no suspect identified On or near Britannia Terrace
Apr 2024 Criminal damage and arson Under investigation On or near South Street
Mar 2024 Vehicle crime Investigation complete; no suspect identified On or near South Street
Apr 2024 Criminal damage and arson Investigation complete; no suspect identified On or near Front Street

View full details of these crimes and others in this area

Companies Near Here
SIDKORX LTD
16 Britannia Terrace Fencehouses Tyne And Wear United Kingdom DH4 6LJ
LIVIOKLEIN LTD
16 Britannia Terrace Fencehouses Tyne And Wear United Kingdom DH4 6LJ
MIRQOIZE LTD
16 Britannia Terrace Fencehouses Tyne And Wear United Kingdom DH4 6LJ
ERZANIH LTD
16 Britannia Terrace Fencehouses Tyne And Wear United Kingdom DH4 6LJ
OVENADIUM LTD
16 Britannia Terrace Fencehouses Tyne And Wear United Kingdom DH4 6LJ

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People Near Here
JUDITH WOOD Historic Information COMPANY DIRECTOR
12 BRITANNIA TERRACE, FENCE HOUSES, DH4 6LJ
Mr David Houghton Historic Information
9 Britannia Terrace, DH4 6LJ
Mr Jon Houghton
9 Britannia Terrace, DH4 6LJ
GRAEME WOOD Historic Information INDUSTRIAL ROOFER
12 BRITANNIA TERRACE, DH4 6LJ

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1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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