£66,968
This estimated value is based upon the latest sale price for the house of £55,000 on 24 Jul 2019. 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
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £55,000 | 24 Jul 2019 |
| £31,000 | 1 Oct 2001 |
| Terraced |
| Freehold |
| Floor Area: 68 sq meters or 731 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 July 2019 the House Price Index for TYNE AND WEAR was 120.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.760%.Applying this 21.760% change to the original purchase price of £55,000 results in an estimated price of approximately £66,968.
| 24 Jul 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 146.7 | 21.760 % | £55,000 | £11,968 | £66,968 |
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 | 2.758 % | £1,517 | £56,517 |
| 3 Month Average | -3.693 % | £-2,031 | £52,968 |
| 6 Month Average | -7.339 % | £-4,036 | £50,963 |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 8 Apr 2014.
The average size of a house on HAROLD SQUARE is 100 sq meters (1,083 sq feet).
This house is the smallest in the street with a floor area of 68 sq meters (731 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 |