£497,376
This estimated value is based upon the latest sale price for the house of £107,000 on 1 May 1998. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £107,000 | 1 May 1998 |
| £98,000 | 19 Jan 1996 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 May 1998 the House Price Index for LANCASHIRE was 31.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 364.838%.Applying this 364.838% change to the original purchase price of £107,000 results in an estimated price of approximately £497,376.
| 1 May 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.6 | 146.7 | 364.838 % | £107,000 | £390,376 | £497,376 |
The Postcode Pricing Model uses changes in average sales price within the BB3 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 | 233.221 % | £249,546 | £356,546 |
| 3 Month Average | 221.984 % | £237,523 | £344,523 |
| 6 Month Average | 272.574 % | £291,654 | £398,654 |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 19 Jul 2013.
The average size of a house on MARTIN DRIVE is 144 sq meters (1,552 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Under investigation | On or near Martin Drive |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Greenfield Street |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Cumberland Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tunnel Street |
| Dec 2023 | Vehicle crime | Under investigation | On or near Tunnel Street |