£178,900
This estimated value is based upon the latest sale price for the house of £48,000 on 25 Aug 2000. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £48,000 | 25 Aug 2000 |
| Terraced |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 2000 the House Price Index for LANCASHIRE was 40.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 272.709%.Applying this 272.709% change to the original purchase price of £48,000 results in an estimated price of approximately £178,900.
| 25 Aug 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.2 | 149.7 | 272.709 % | £48,000 | £130,900 | £178,900 |
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 | 395.118 % | £189,656 | £237,656 |
| 3 Month Average | 194.203 % | £93,217 | £141,217 |
| 6 Month Average | 194.649 % | £93,431 | £141,431 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £66,029 | £64,000 | 62 BANKFIELD |
| 7 Dec 2023 | £125,868 | £122,000 | 26 TAWD ROAD |
| 3 Nov 2023 | £84,136 | £82,000 | 15 ELSWICK |
| 11 Aug 2023 | £138,497 | £135,999 | 36 TAWD ROAD |
| 28 Apr 2023 | £152,859 | £150,000 | 64 TAWD ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 4 Jun 2013. Using an estimated price of £178,900 means this house is valued at £2,670 per sq meter (£248 per sq foot).
The average size of a house on TAWD ROAD is 85 sq meters (916 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Tawd Road |