£215,715
This estimated value is based upon the latest sale price for the house of £162,000 on 1 Jul 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 |
|---|---|
| £162,000 | 1 Jul 2016 |
| Semi-Detached |
| 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 July 2016 the House Price Index for TYNE AND WEAR was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £162,000 results in an estimated price of approximately £215,715.
| 1 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £162,000 | £53,715 | £215,715 |
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 | 1.538 % | £2,491 | £164,491 |
| 3 Month Average | -3.027 % | £-4,903 | £157,096 |
| 6 Month Average | -4.539 % | £-7,352 | £154,647 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2023 | £53,723 | £53,000 | 44 HOUGHTON ROAD |
| 30 Jun 2023 | £394,782 | £390,000 | FOULIS HOUSE HOUGHTON ROAD |
| 21 Apr 2023 | £96,034 | £95,000 | 56 HOUGHTON ROAD |
| 3 Apr 2023 | £105,132 | £104,000 | 3 HOUGHTON ROAD WEST |
| 16 Nov 2022 | £74,596 | £75,500 | 5 HOUGHTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near A182 |
| Mar 2024 | Other crime | Under investigation | On or near A182 |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Woodlea Close |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Welfare Road |