This property is priced below what the evidence supports.
Here’s why.
Comparable evidence
Where £49,000 sits against 6 real sales.
These are the sales the agent should be comparing to yours.
6 nearby sold comparables in DH4 average about £131,000 and sit roughly 0.4 miles from the listing.
Your suggested opening offer is £49,000 →
3, Oak Street, Houghton Le Spring, DH4 6AT
0.35 miles
2 bed · terraced
£60,000
sold Dec 25
£60,304
adjusted to today
£56/sqft est.
2, Woodstone Terrace, Houghton Le Spring, DH4 6DP
0.35 miles
2 bed · terraced
£173,250
sold Dec 25
£174,127
adjusted to today
£161/sqft est.
28, Newton Drive, Houghton Le Spring, DH4 6RB
0.35 miles
2 bed · terraced
£144,950
sold Dec 25
£145,684
adjusted to today
£135/sqft est.
| Address | Date | Dist. | Beds | Type | Sold | Adj. today | £/sqft |
|---|---|---|---|---|---|---|---|
| 3, Oak Street, Houghton Le Spring, DH4 6AT | Dec 25 | 0.35 miles | 2 | terraced | £60,000 | £60,304 | £56/sqft est. |
| 2, Woodstone Terrace, Houghton Le Spring, DH4 6DP | Dec 25 | 0.35 miles | 2 | terraced | £173,250 | £174,127 | £161/sqft est. |
| 28, Newton Drive, Houghton Le Spring, DH4 6RB | Dec 25 | 0.35 miles | 2 | terraced | £144,950 | £145,684 | £135/sqft est. |
All data sourced from HM Land Registry Price Paid records.
Your full report
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The complete analysis as a PDF — including your offer letter and negotiation script.
Everything you need for the viewing.
- All 6 comparable addresses with sold prices and dates
- Your offer letter ready to send to the agent
- Vendor position analysis — what they paid and what they stand to make
- Viewing checklist for the day
All 6 comparable addresses
Sold prices and dates
Price per square foot
Adjusted for market movement
Fair value estimate
Estimate range (low–high)
Confidence level
Asking price position vs comparables
ONS HPI adjustment applied
Suggested opening offer
Likely agreement range
Maximum advisable price
Offer letter (ready to send)
Negotiation script
Overpaying cost breakdown
Days on market and price reductions
Flood risk, crime and schools
EPC band and annual running cost
Everything above is in your free report. Takes 10 seconds to get.
You’re about to view this house. Walk in with the evidence, the offer and the answers to what the agent will say back.
A household income of about £9,000 buys this house at £49,000, on a 10% deposit of £4,900. Estimated at 5× income; lenders vary.
10% of your offer — change it if yours differs.
What this report says to open at — try your own.
years.
Put your household income in above for a straight answer on this house.
The areaSchools, crime, broadband, flood risk — the intelligence most reports won’t print.
What the neighbourhood tells you.
A question worth asking
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For the record
The full report detail.
Everything behind the verdict, if you’d like to check our working.
What the listing tells you+
The numbers behind it+
The other 3 comparable sales+
Property & EPC+
The viewing checklist+
- Ask about party wall agreements and any neighbour disputes
- Test water pressure in the kitchen and bathroom
- Check for damp in the back addition, common in Victorian terraces
- Look for evidence of chimney breast removal, which needs structural sign-off
- Ask when the roof was last replaced or inspected
When you come to sell
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Once your offer’s accepted
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