£202,008
This estimated value is based upon the latest sale price for the house of £36,000 on 31 May 1996. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £36,000 | 31 May 1996 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 sq feet |
This model uses changes in the Official Land Registry House Price Index for LANCASHIRE to estimate the market value.
When this house was purchased in May 1996 the House Price Index for LANCASHIRE was 26.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 461.136%.Applying this 461.136% change to the original purchase price of £36,000 results in an estimated price of approximately £202,008.
| 31 May 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 148.6 | 461.136 % | £36,000 | £166,008 | £202,008 |
The Postcode Pricing Model uses changes in average sales price within the WN8 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 | 188.870 % | £67,993 | £103,993 |
| 3 Month Average | 198.786 % | £71,563 | £107,563 |
| 6 Month Average | 295.694 % | £106,449 | £142,449 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £126,619 | £125,000 | 51 YEWDALE |
| 14 Jun 2023 | £126,533 | £125,000 | 41 YEWDALE |
| 2 Jun 2023 | £96,165 | £95,000 | 46 YEWDALE |
| 13 Mar 2023 | £133,255 | £132,000 | 16 YEWDALE |
| 3 Mar 2023 | £141,332 | £140,000 | 25 YEWDALE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 6 Nov 2014. Using an estimated price of £202,009 means this house is valued at £2,269 per sq meter (£210 per sq foot).
The average size of a house on YEWDALE is 92 sq meters (997 sq feet).