£255,259
This estimated value is based upon the latest sale price for the house of £257,000 on 11 Aug 2023. 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 Fairlea Avenue
More crime details
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| Price Paid | Date |
|---|---|
| £257,000 | 11 Aug 2023 |
| £175,000 | 27 Jun 2016 |
| Detached |
| Freehold |
| Floor Area: 77 sq meters or 828 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 August 2023 the House Price Index for LANCASHIRE was 147.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.677%.Applying this -0.677% change to the original purchase price of £257,000 results in an estimated price of approximately £255,259.
| 11 Aug 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.7 | 146.7 | -0.677 % | £257,000 | £-1,740 | £255,259 |
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 | 10.580 % | £27,191 | £284,191 |
| 3 Month Average | -27.392 % | £-70,398 | £186,601 |
| 6 Month Average | -4.262 % | £-10,952 | £246,047 |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 24 Apr 2014.
The average size of a house on FAIRHOPE AVENUE is 71 sq meters (768 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairlea Avenue |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairlea Avenue |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Fairlea Avenue |
| Dec 2023 | Criminal damage and arson | Local resolution | On or near Fairlea Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marton Drive |