£299,772
This estimated value is based upon the latest sale price for the house of £88,500 on 18 Jul 2001. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £88,500 | 18 Jul 2001 |
| Detached |
| Freehold |
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 July 2001 the House Price Index for LANCASHIRE was 44.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 238.726%.Applying this 238.726% change to the original purchase price of £88,500 results in an estimated price of approximately £299,772.
| 18 Jul 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.2 | 149.7 | 238.726 % | £88,500 | £211,272 | £299,772 |
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 | 352.887 % | £312,304 | £400,804 |
| 3 Month Average | 187.304 % | £165,763 | £254,263 |
| 6 Month Average | 191.589 % | £169,556 | £258,056 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jun 2022 | £194,150 | £190,000 | 1 NEWSTEAD DRIVE |
| 24 Nov 2021 | £261,485 | £240,000 | 9 HAZEL LANE |
| 1 Nov 2021 | £221,608 | £203,400 | 6 WILLOW WALK |
| 24 Sep 2021 | £227,970 | £210,000 | 8 NEWBY DRIVE |
| 27 Nov 2020 | £286,144 | £245,000 | 8 MAYTREE WALK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Maytree Walk | |
| Jun 2024 | Anti-social behaviour | On or near Maytree Walk | |
| Jun 2024 | Anti-social behaviour | On or near Maytree Walk | |
| Jun 2024 | Anti-social behaviour | On or near Maytree Walk | |
| Jul 2024 | Anti-social behaviour | On or near Newburn Close |