£67,939
This estimated value is based upon the latest sale price for the house of £55,000 on 21 Feb 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £55,000 | 21 Feb 2019 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 February 2019 the House Price Index for LANCASHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £55,000 results in an estimated price of approximately £67,939.
| 21 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £55,000 | £12,939 | £67,939 |
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 | 33.850 % | £18,617 | £73,617 |
| 3 Month Average | 4.991 % | £2,745 | £57,745 |
| 6 Month Average | 27.550 % | £15,152 | £70,152 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £96,165 | £95,000 | 86 FALKLAND |
| 22 Jun 2023 | £174,109 | £172,000 | 152 LOWCROFT |
| 17 Mar 2023 | £133,760 | £132,500 | 118 LOWCROFT |
| 28 Feb 2023 | £69,953 | £70,000 | 49 FALKLAND |
| 30 Nov 2022 | £75,090 | £76,000 | 25 FAIRSTEAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 5 Oct 2018. Using an estimated price of £67,940 means this house is valued at £595 per sq meter (£55 per sq foot).
The average size of a house on FAIRSTEAD is 106 sq meters (1,144 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Fairstead | |
| Jan 2024 | Anti-social behaviour | On or near Fairstead | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fairstead |
| Jan 2024 | Anti-social behaviour | On or near Fairstead | |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Fairlie |