£132,442
This estimated value is based upon the latest sale price for the house of £106,000 on 16 Feb 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£106,000 | 16 Feb 2018 |
£97,950 | 13 Jul 2005 |
£35,950 | 12 Jan 2001 |
Terraced |
Freehold |
Floor Area: 95 sq meters or 1,030 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 February 2018 the House Price Index for LANCASHIRE was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £106,000 results in an estimated price of approximately £132,442.
16 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.9 | 148.6 | 24.946 % | £106,000 | £26,442 | £132,442 |
The Postcode Pricing Model uses changes in average sales price within the LA4 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 | 14.978 % | £15,876 | £121,876 |
3 Month Average | -9.183 % | £-9,734 | £96,265 |
6 Month Average | 25.248 % | £26,762 | £132,762 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2023 | £179,937 | £178,000 | 2 REGENT PARK GROVE |
19 Aug 2022 | £133,142 | £133,500 | 9 LAKE AVENUE |
7 Jul 2022 | £145,391 | £145,000 | 19 LAKE AVENUE |
8 Jun 2022 | £116,648 | £115,000 | 3 LAKE AVENUE |
12 May 2022 | £104,978 | £103,000 | 4 REGENT PARK AVENUE |
This house has a floor area of 95 sq meters or 1,030 sq feet when measured on 6 Dec 2010. Using an estimated price of £132,443 means this house is valued at £1,383 per sq meter (£128 per sq foot).
The average size of a house on LAKE AVENUE is 102 sq meters (1,104 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Lake Avenue |
Feb 2024 | Anti-social behaviour | On or near Lake Avenue | |
Feb 2024 | Anti-social behaviour | On or near Lake Avenue | |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Scott Grove |
Dec 2023 | Anti-social behaviour | On or near Lake Grove |