£196,064
This estimated value is based upon the latest sale price for the house of £130,000 on 23 Oct 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £130,000 | 23 Oct 2014 |
| Detached |
| Freehold |
| Floor Area: 57 sq meters or 613 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 October 2014 the House Price Index for LANCASHIRE was 99.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.819%.Applying this 50.819% change to the original purchase price of £130,000 results in an estimated price of approximately £196,064.
| 23 Oct 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 149.7 | 50.819 % | £130,000 | £66,064 | £196,064 |
The Postcode Pricing Model uses changes in average sales price within the FY7 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 | 8.152 % | £10,597 | £140,597 |
| 3 Month Average | 14.391 % | £18,708 | £148,708 |
| 6 Month Average | 17.355 % | £22,561 | £152,561 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £154,933 | £151,000 | 129 FAIRWAY |
| 8 Sep 2023 | £166,674 | £163,000 | 9 FISHERMANS WAY |
| 12 Aug 2022 | £140,658 | £140,000 | 5 FISHERMANS WAY |
| 29 Jun 2022 | £143,058 | £140,000 | 131 FAIRWAY |
| 1 Feb 2022 | £158,469 | £150,000 | 2 FALMOUTH AVENUE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 15 May 2014. Using an estimated price of £196,064 means this house is valued at £3,439 per sq meter (£319 per sq foot).
The average size of a house on FAIRWAY is 96 sq meters (1,041 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Lynton Court | |
| Sep 2024 | Anti-social behaviour | On or near Lynton Court | |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fishermans Way |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bentham Avenue |