£194,150
This estimated value is based upon the latest sale price for the house of £190,000 on 17 Jun 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There has been one burglary within the last year on or near Newby Drive
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| Price Paid | Date |
|---|---|
| £190,000 | 17 Jun 2022 |
| £75,000 | 14 Dec 2001 |
| £57,500 | 10 Dec 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2022 the House Price Index for LANCASHIRE was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £190,000 results in an estimated price of approximately £194,150.
| 17 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £190,000 | £4,150 | £194,150 |
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 | 75.311 % | £143,090 | £333,090 |
| 3 Month Average | 18.397 % | £34,953 | £224,953 |
| 6 Month Average | 11.776 % | £22,373 | £212,373 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 May 2024 | £255,000 | £255,000 | 4 NEWTON DRIVE |
| 15 Feb 2023 | £271,816 | £270,000 | 8 NEEDHAM WAY |
| 17 Aug 2022 | £231,081 | £230,000 | 2 NEWTON DRIVE |
| 17 Jun 2022 | £194,150 | £190,000 | 1 NEWSTEAD DRIVE |
| 24 Nov 2021 | £261,485 | £240,000 | 9 HAZEL LANE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 2 Sep 2013. Using an estimated price of £194,150 means this house is valued at £2,284 per sq meter (£212 per sq foot).
The average size of a house on NEWSTEAD DRIVE is 128 sq meters (1,379 sq feet).
This house is the largest in the street with a floor area of 85 sq meters (914 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Newby Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Newby Drive |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Newby Drive |
| Jul 2024 | Anti-social behaviour | On or near Newburn Close | |
| Jul 2024 | Anti-social behaviour | On or near Newburn Close |