£158,980
This estimated value is based upon the latest sale price for the house of £101,000 on 14 Mar 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £101,000 | 14 Mar 2014 |
| £71,500 | 21 Nov 2007 |
| Terraced |
| Freehold |
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 March 2014 the House Price Index for TYNE AND WEAR was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £101,000 results in an estimated price of approximately £158,980.
| 14 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 148.6 | 57.406 % | £101,000 | £57,980 | £158,980 |
The Postcode Pricing Model uses changes in average sales price within the DH5 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 | -37.960 % | £-38,340 | £62,659 |
| 3 Month Average | -3.493 % | £-3,528 | £97,471 |
| 6 Month Average | -4.636 % | £-4,681 | £96,318 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £83,733 | £83,000 | 1 WILLIS STREET |
| 12 Jul 2023 | £53,723 | £53,000 | 44 HOUGHTON ROAD |
| 16 Jun 2023 | £149,815 | £148,000 | 3 OSWALD ROAD |
| 21 Apr 2023 | £96,034 | £95,000 | 56 HOUGHTON ROAD |
| 22 Jun 2022 | £91,289 | £89,999 | 4 CHURCH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Louvain Terrace |
| Mar 2024 | Anti-social behaviour | On or near Louvain Terrace | |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Louvain Terrace |
| Jan 2024 | Anti-social behaviour | On or near Louvain Terrace | |
| Jan 2024 | Anti-social behaviour | On or near Louvain Terrace |