£124,583
This estimated value is based upon the latest sale price for the house of £100,000 on 23 Apr 2019. This value is then adjusted by the current Official House Price Index for TYNE AND WEAR 1
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| Price Paid | Date |
|---|---|
| £100,000 | 23 Apr 2019 |
| Terraced |
| Freehold |
| Floor Area: 91 sq meters or 979 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 April 2019 the House Price Index for TYNE AND WEAR was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £100,000 results in an estimated price of approximately £124,583.
| 23 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £100,000 | £24,583 | £124,583 |
The Postcode Pricing Model uses changes in average sales price within the NE6 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 | 83.822 % | £83,821 | £183,821 |
| 3 Month Average | 60.143 % | £60,143 | £160,143 |
| 6 Month Average | 29.612 % | £29,611 | £129,611 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jul 2024 | £95,000 | £95,000 | 686 WELBECK ROAD |
| 7 Jun 2024 | £115,000 | £115,000 | 670 WELBECK ROAD |
| 20 Mar 2024 | £73,631 | £72,500 | 2 YORKDALE PLACE |
| 18 Dec 2023 | £149,597 | £145,000 | 29 WEARDALE AVENUE |
| 6 Nov 2023 | £124,151 | £121,000 | 684 WELBECK ROAD |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 29 Oct 2018. Using an estimated price of £124,583 means this house is valued at £1,369 per sq meter (£127 per sq foot).
The average size of a house on WINSLOW PLACE is 97 sq meters (1,045 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Winslow Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Winslow Close |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Winslow Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Winslow Place |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Winslow Place |