£360,779
This estimated value is based upon the latest sale price for the house of £205,000 on 30 Oct 2009. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£205,000 | 30 Oct 2009 |
£70,000 | 1 Jun 1999 |
Detached |
Leasehold |
Floor Area: 111 sq meters or 1,194 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 2009 the House Price Index for LANCASHIRE was 84.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 75.990%.Applying this 75.990% change to the original purchase price of £205,000 results in an estimated price of approximately £360,779.
30 Oct 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
84.4 | 148.6 | 75.990 % | £205,000 | £155,779 | £360,779 |
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 | 10.601 % | £21,731 | £226,731 |
3 Month Average | 22.955 % | £47,057 | £252,057 |
6 Month Average | 22.556 % | £46,240 | £251,240 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Apr 2023 | £232,503 | £230,000 | 4 RING DYKE WAY |
1 Sep 2022 | £282,717 | £285,000 | 25 LONG ACRE PLACE |
26 Jan 2022 | £289,412 | £275,000 | 18 MOLYNEUX PLACE |
15 Dec 2021 | £358,911 | £335,000 | 2 SOUTHFOLD PLACE |
25 Oct 2021 | £315,346 | £285,000 | 6 LONG ACRE PLACE |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 7 Sep 2019. Using an estimated price of £360,780 means this house is valued at £3,250 per sq meter (£301 per sq foot).
The average size of a house on RING DYKE WAY is 121 sq meters (1,305 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Molyneux Place |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Broadlands Place |
Mar 2024 | Other theft | Under investigation | On or near Long Acre Place |
Mar 2024 | Other theft | Under investigation | On or near Long Acre Place |
Dec 2023 | Anti-social behaviour | On or near Alder Grove |