£207,687
This estimated value is based upon the latest sale price for the house of £165,000 on 28 Feb 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £165,000 | 28 Feb 2018 |
| £146,000 | 28 Mar 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 685 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 2018 the House Price Index for LANCASHIRE was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £165,000 results in an estimated price of approximately £207,687.
| 28 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £165,000 | £42,687 | £207,687 |
The Postcode Pricing Model uses changes in average sales price within the LA4 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 | -5.307 % | £-8,756 | £156,243 |
| 3 Month Average | 32.841 % | £54,188 | £219,188 |
| 6 Month Average | 37.867 % | £62,480 | £227,480 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2024 | £200,000 | £200,000 | 26 FAIRLEA AVENUE |
| 14 Aug 2024 | £215,000 | £215,000 | 10 ST ANNES AVENUE |
| 21 Jun 2024 | £175,000 | £175,000 | 62 FAIRHOPE AVENUE |
| 24 Apr 2024 | £335,413 | £332,500 | 19 FAIRLEA AVENUE |
| 15 Dec 2023 | £309,511 | £300,000 | 32 FAIRHOPE AVENUE |
This house has a floor area of 63 sq meters or 685 sq feet when measured on 6 Mar 2012. Using an estimated price of £207,687 means this house is valued at £3,259 per sq meter (£302 per sq foot).
The average size of a house on FAIRLEA AVENUE is 68 sq meters (741 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairhope Avenue |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Bare Lane |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hallsall Drive |
| Aug 2024 | Burglary | Unable to prosecute suspect | On or near Hallsall Drive |
| Aug 2024 | Burglary | Under investigation | On or near Taylor Grove |