£108,041
This estimated value is based upon the latest sale price for the house of £82,000 on 11 Nov 2016. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £82,000 | 11 Nov 2016 |
| £85,000 | 24 Aug 2007 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 sq feet |
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 November 2016 the House Price Index for TYNE AND WEAR was 112.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.758%.Applying this 31.758% change to the original purchase price of £82,000 results in an estimated price of approximately £108,041.
| 11 Nov 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 148.6 | 31.758 % | £82,000 | £26,041 | £108,041 |
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 | 16.419 % | £13,463 | £95,463 |
| 3 Month Average | 17.321 % | £14,203 | £96,203 |
| 6 Month Average | 14.873 % | £12,196 | £94,196 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £64,322 | £63,500 | 64 HOUGHTONSIDE |
| 1 Jun 2023 | £78,450 | £77,500 | 18 HOUGHTONSIDE |
| 6 Apr 2023 | £57,620 | £57,000 | 4 HEATH GRANGE |
| 24 Feb 2023 | £93,937 | £94,000 | 26 HOUGHTONSIDE |
| 6 Jan 2023 | £132,376 | £133,000 | 9 HEATH GRANGE |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 27 May 2016. Using an estimated price of £108,041 means this house is valued at £1,227 per sq meter (£114 per sq foot).
The average size of a house on HOUGHTONSIDE is 89 sq meters (963 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Hillside Way |
| Apr 2024 | Possession of weapons | Investigation complete; no suspect identified | On or near Hillside Way |
| Apr 2024 | Anti-social behaviour | On or near Hillside Way | |
| Mar 2024 | Anti-social behaviour | On or near Hillside Way | |
| Mar 2024 | Anti-social behaviour | On or near Hillside Way |