£127,556
This estimated value is based upon the latest sale price for the house of £125,000 on 14 Jun 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£125,000 | 14 Jun 2023 |
£30,000 | 15 Dec 2000 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 924 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 2023 the House Price Index for LANCASHIRE was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £125,000 results in an estimated price of approximately £127,556.
14 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 149.7 | 2.045 % | £125,000 | £2,556 | £127,556 |
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 | -2.744 % | £-3,430 | £121,569 |
3 Month Average | -1.530 % | £-1,913 | £123,086 |
6 Month Average | -3.832 % | £-4,790 | £120,209 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Oct 2023 | £143,254 | £140,000 | 43 YEWDALE |
19 Oct 2023 | £71,627 | £70,000 | 122 WINDROWS |
8 Sep 2023 | £127,818 | £125,000 | 51 YEWDALE |
14 Jun 2023 | £127,556 | £125,000 | 41 YEWDALE |
2 Jun 2023 | £96,943 | £95,000 | 46 YEWDALE |
This house has a floor area of 85 sq meters or 924 sq feet when measured on 12 Mar 2012. Using an estimated price of £127,556 means this house is valued at £1,485 per sq meter (£138 per sq foot).
The average size of a house on YEWDALE is 92 sq meters (997 sq feet).