£60,550
This estimated value is based upon the latest sale price for the house of £50,000 on 8 Jun 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£50,000 | 8 Jun 2020 |
Terraced |
Freehold |
Floor Area: 90 sq meters or 968 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 June 2020 the House Price Index for LANCASHIRE was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £50,000 results in an estimated price of approximately £60,550.
8 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 148.6 | 21.102 % | £50,000 | £10,550 | £60,550 |
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 | -4.296 % | £-2,147 | £47,852 |
3 Month Average | 4.968 % | £2,483 | £52,483 |
6 Month Average | 27.809 % | £13,904 | £63,904 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £106,870 | £105,000 | 13 WALDRON |
30 Nov 2023 | £123,833 | £122,000 | 43 WALDRON |
30 Nov 2023 | £59,887 | £59,000 | 16 HIGH STREET |
25 Sep 2023 | £59,764 | £59,000 | 28C WHITBURN BARNES ROAD |
8 Sep 2023 | £136,748 | £135,000 | 5 BARNES ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 25 Jul 2018. Using an estimated price of £60,551 means this house is valued at £672 per sq meter (£62 per sq foot).
The average size of a house on WALDRON is 93 sq meters (1,004 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Barnes Road |