£89,404
This estimated value is based upon the latest sale price for the house of £52,500 on 28 Sep 2012. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £52,500 | 28 Sep 2012 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 895 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 September 2012 the House Price Index for LANCASHIRE was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.294%.Applying this 70.294% change to the original purchase price of £52,500 results in an estimated price of approximately £89,404.
| 28 Sep 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.294 % | £52,500 | £36,904 | £89,404 |
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 | 12.711 % | £6,673 | £59,173 |
| 3 Month Average | 7.608 % | £3,994 | £56,494 |
| 6 Month Average | 40.825 % | £21,433 | £73,933 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £205,000 | £205,000 | 20 LEESWOOD |
| 17 Nov 2023 | £179,660 | £177,000 | 33 LEESWOOD |
| 1 Sep 2023 | £106,360 | £105,000 | 5 IVYBRIDGE |
| 8 Jun 2023 | £111,349 | £110,000 | 1 FAWCETT |
| 24 Nov 2022 | £97,815 | £99,000 | 3 IVYDALE |
This house has a floor area of 83 sq meters or 895 sq feet when measured on 31 Jan 2012. Using an estimated price of £89,404 means this house is valued at £1,074 per sq meter (£99 per sq foot).
The average size of a house on FAIRBURN is 124 sq meters (1,335 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fairburn |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fawcett |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fawcett |
| Feb 2024 | Other crime | Further investigation is not in the public interest | On or near Fawcett |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Fawcett |