£94,631
This estimated value is based upon the latest sale price for the house of £62,000 on 15 May 2014. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There have been two burglaries within the last year on or near Salem Street South
More crime details
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Price Paid | Date |
---|---|
£62,000 | 15 May 2014 |
£68,000 | 2 Apr 2009 |
Terraced |
Freehold |
Floor Area: 76 sq meters or 827 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 May 2014 the House Price Index for TYNE AND WEAR was 96.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 52.632%.Applying this 52.632% change to the original purchase price of £62,000 results in an estimated price of approximately £94,631.
15 May 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 146.7 | 52.632 % | £62,000 | £32,631 | £94,631 |
The Postcode Pricing Model uses changes in average sales price within the SR2 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 | -30.614 % | £-18,980 | £43,019 |
3 Month Average | 1.288 % | £798 | £62,798 |
6 Month Average | -9.602 % | £-5,953 | £56,046 |
This house has a floor area of 76 sq meters or 827 sq feet when measured on 6 Apr 2010.
The average size of a house on HAROLD SQUARE is 100 sq meters (1,083 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Salem Street South |
Mar 2024 | Burglary | Under investigation | On or near Salem Street South |
Mar 2024 | Violence and sexual offences | Offender given a caution | On or near Salem Street South |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Salem Street South |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Salem Street South |