£114,534
This estimated value is based upon the latest sale price for the house of £70,000 on 25 Oct 2013. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £70,000 | 25 Oct 2013 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 October 2013 the House Price Index for TYNE AND WEAR was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £70,000 results in an estimated price of approximately £114,534.
| 25 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.8 | 148.6 | 63.621 % | £70,000 | £44,534 | £114,534 |
The Postcode Pricing Model uses changes in average sales price within the SR3 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 | 17.305 % | £12,113 | £82,113 |
| 3 Month Average | 17.583 % | £12,308 | £82,308 |
| 6 Month Average | 15.146 % | £10,602 | £80,602 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £61,068 | £60,000 | 20 ALINE STREET |
| 17 Nov 2023 | £65,977 | £65,000 | 14 LORD STREET |
| 10 Nov 2023 | £33,496 | £33,000 | 26 LORD STREET |
| 9 Nov 2023 | £101,498 | £99,995 | 25 LORD STREET |
| 21 Aug 2023 | £110,920 | £109,950 | 23 LORD STREET |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 14 Aug 2013. Using an estimated price of £114,534 means this house is valued at £2,045 per sq meter (£190 per sq foot).
The average size of a house on EMMERSON TERRACE WEST is 88 sq meters (952 sq feet).
This house is the smallest in the street with a floor area of 56 sq meters (602 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Emmerson Terrace West |
| Feb 2024 | Theft from the person | Awaiting court outcome | On or near Byrne Terrace West |
| Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near Byrne Terrace West |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Byrne Terrace West |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Byrne Terrace West |