£328,342
This estimated value is based upon the latest sale price for the house of £294,565 on 21 Oct 2021. 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 |
|---|---|
| £294,565 | 21 Oct 2021 |
| £219,000 | 27 Jun 2013 |
| Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 2021 the House Price Index for TYNE AND WEAR was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £294,565 results in an estimated price of approximately £328,342.
| 21 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 149.7 | 11.467 % | £294,565 | £33,777 | £328,342 |
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 | -18.092 % | £-53,292 | £241,272 |
| 3 Month Average | -6.977 % | £-20,550 | £274,014 |
| 6 Month Average | -19.528 % | £-57,523 | £237,041 |
| 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 99 sq meters or 1,065 sq feet when measured on 15 May 2012. Using an estimated price of £328,342 means this house is valued at £3,316 per sq meter (£308 per sq foot).
The average size of a house on LANGFORD DRIVE is 103 sq meters (1,115 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 |