£113,224
This estimated value is based upon the latest sale price for the house of £110,350 on 27 Nov 2023. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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Price Paid | Date |
---|---|
£110,350 | 27 Nov 2023 |
£126,500 | 18 Dec 2006 |
£126,000 | 9 Sep 2005 |
£34,500 | 19 Jul 1995 |
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 November 2023 the House Price Index for TYNE AND WEAR was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £110,350 results in an estimated price of approximately £113,224.
27 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.9 | 149.7 | 2.605 % | £110,350 | £2,874 | £113,224 |
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 | 6.995 % | £7,718 | £118,068 |
3 Month Average | 5.172 % | £5,707 | £116,057 |
6 Month Average | -7.257 % | £-8,008 | £102,341 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £129,994 | £126,000 | 149 HOUGHTON ROAD |
27 Nov 2023 | £113,224 | £110,350 | 137 HOUGHTON ROAD |
6 Mar 2023 | £109,834 | £108,000 | KIAMA HOUGHTON ROAD |
23 Jan 2023 | £90,241 | £90,000 | 103 HOUGHTON ROAD |
28 Jun 2022 | £92,937 | £90,950 | 136 HOUGHTON ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Houghton Road |
Jul 2024 | Burglary | Under investigation | On or near Heather Drive |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Heather Drive |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Heather Drive |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Heather Drive |