£305,265
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 29.6.
The House Price Index as of 1 Jan 2025 is 102.1 which is a change of 244.932%.Applying this 244.932% change to the original purchase price of £88,500 results in an estimated price of approximately £305,265.
| 18 Jul 2001 | 1 Jan 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.6 | 102.1 | 244.932 % | £88,500 | £216,765 | £305,265 |
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 | 154.609 % | £136,829 | £225,329 |
| 3 Month Average | 200.549 % | £177,486 | £265,986 |
| 6 Month Average | 203.784 % | £180,348 | £268,848 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2024 | £312,140 | £310,000 | 7 WILLOW WALK |
| 1 Nov 2024 | £273,211 | £270,000 | 2 NEWBY DRIVE |
| 9 Aug 2024 | £199,694 | £195,000 | 3 NAIRN AVENUE |
| 28 Mar 2024 | £200,237 | £192,000 | 4 NEWSTEAD DRIVE |
| 20 Feb 2024 | £173,832 | £166,000 | 8 NAIRN AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2025 | Other crime | Under investigation | On or near Hazel Lane |
| Feb 2025 | Anti-social behaviour | On or near Newby Drive | |
| Jan 2025 | Anti-social behaviour | On or near Newby Drive | |
| Jan 2025 | Anti-social behaviour | On or near Newby Drive | |
| Jan 2025 | Anti-social behaviour | On or near Newby Drive |