£336,061
This estimated value is based upon the latest sale price for the house of £330,000 on 7 Aug 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £330,000 | 7 Aug 2023 |
| £230,000 | 16 Oct 2017 |
| £275,000 | 6 Oct 2005 |
| £275,000 | 6 Oct 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 65 sq meters or 699 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 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £330,000 results in an estimated price of approximately £336,061.
| 7 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £330,000 | £6,061 | £336,061 |
The Postcode Pricing Model uses changes in average sales price within the FY8 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 | 14.571 % | £48,083 | £378,083 |
| 3 Month Average | 1.436 % | £4,739 | £334,739 |
| 6 Month Average | 2.026 % | £6,684 | £336,684 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2024 | £549,774 | £545,000 | 1 CLIFTON DRIVE |
| 10 Aug 2023 | £376,796 | £370,000 | 6 HOLCROFT HOUSE FAIRLAWN ROAD |
| 7 Aug 2023 | £336,061 | £330,000 | 4 CUTHBERT HOUSE FAIRLAWN ROAD |
| 30 Jun 2023 | £255,112 | £250,000 | 5 ELMS AVENUE |
| 20 Jun 2023 | £1,377,607 | £1,350,000 | CHURCH WOOD CHURCH ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 12 Jul 2013. Using an estimated price of £336,061 means this house is valued at £5,170 per sq meter (£480 per sq foot).
The average size of a house on FAIRLAWN ROAD is 122 sq meters (1,320 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Eden Avenue |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Swainson Street |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Swainson Street |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Swainson Street |
| Oct 2024 | Anti-social behaviour | On or near Ringwood Close |