£261,484
This estimated value is based upon the latest sale price for the house of £240,000 on 24 Nov 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £240,000 | 24 Nov 2021 |
| £171,000 | 1 Jun 2007 |
| £110,000 | 20 Nov 2002 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 November 2021 the House Price Index for LANCASHIRE was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £240,000 results in an estimated price of approximately £261,484.
| 24 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £240,000 | £21,484 | £261,484 |
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 | 103.205 % | £247,692 | £487,692 |
| 3 Month Average | 26.907 % | £64,577 | £304,577 |
| 6 Month Average | 6.561 % | £15,747 | £255,747 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jun 2022 | £194,150 | £190,000 | 1 NEWSTEAD DRIVE |
| 24 Nov 2021 | £261,485 | £240,000 | 9 HAZEL LANE |
| 1 Nov 2021 | £221,608 | £203,400 | 6 WILLOW WALK |
| 24 Sep 2021 | £227,970 | £210,000 | 8 NEWBY DRIVE |
| 27 Nov 2020 | £286,144 | £245,000 | 8 MAYTREE WALK |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 27 Oct 2021. Using an estimated price of £261,485 means this house is valued at £2,781 per sq meter (£258 per sq foot).
The average size of a house on HAZEL LANE is 181 sq meters (1,952 sq feet).
This house is the smallest in the street with a floor area of 94 sq meters (1,011 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Maytree Walk | |
| Jun 2024 | Anti-social behaviour | On or near Maytree Walk | |
| Jun 2024 | Anti-social behaviour | On or near Maytree Walk | |
| Jun 2024 | Anti-social behaviour | On or near Maytree Walk | |
| Jul 2024 | Anti-social behaviour | On or near Newburn Close |