£169,413
This estimated value is based upon the latest sale price for the house of £165,000 on 4 May 2022. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
There has been one burglary within the last year on or near Winslow Close
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| Price Paid | Date |
|---|---|
| £165,000 | 4 May 2022 |
| £137,524 | 21 Jul 2017 |
| £62,500 | 22 Mar 2000 |
| £62,500 | 22 Mar 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 2022 the House Price Index for TYNE AND WEAR was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £165,000 results in an estimated price of approximately £169,413.
| 4 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £165,000 | £4,413 | £169,413 |
The Postcode Pricing Model uses changes in average sales price within the NE35 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 | -28.041 % | £-46,268 | £118,731 |
| 3 Month Average | -0.650 % | £-1,072 | £163,927 |
| 6 Month Average | 11.166 % | £18,423 | £183,423 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Apr 2023 | £417,815 | £410,000 | 40 LANGFORD DRIVE |
| 29 Mar 2023 | £388,996 | £382,500 | 52 WINSLOW CLOSE |
| 31 Jan 2023 | £360,964 | £360,000 | 64 LANGFORD DRIVE |
| 9 Sep 2022 | £269,820 | £270,000 | 11 BERKELEY CLOSE |
| 31 Aug 2022 | £173,813 | £173,000 | 27A WINSLOW CLOSE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 2 May 2017. Using an estimated price of £169,414 means this house is valued at £2,647 per sq meter (£245 per sq foot).
The average size of a house on LANGFORD DRIVE is 103 sq meters (1,115 sq feet).
This house is the smallest in the street with a floor area of 64 sq meters (688 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Winslow Close |
| Jun 2024 | Violence and sexual offences | On or near Brockley Whins (Metro Station) | |
| Jun 2024 | Violence and sexual offences | On or near Brockley Whins (Metro Station) | |
| Jun 2024 | Violence and sexual offences | On or near Brockley Whins (Metro Station) | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Evesham Close |