£327,241
This estimated value is based upon the latest sale price for the house of £305,000 on 23 Jun 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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21 Navigation Business Village, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YP
Phone: 02080332574
Price Paid | Date |
---|---|
£305,000 | 23 Jun 2021 |
£281,995 | 24 Feb 2017 |
Detached |
Leasehold |
Floor Area: 124 sq meters or 1,334 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 June 2021 the House Price Index for LANCASHIRE was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £305,000 results in an estimated price of approximately £327,241.
23 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.5 | 148.6 | 7.292 % | £305,000 | £22,241 | £327,241 |
The Postcode Pricing Model uses changes in average sales price within the PR25 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 | -36.517 % | £-111,377 | £193,622 |
3 Month Average | -14.299 % | £-43,611 | £261,388 |
6 Month Average | -13.625 % | £-41,557 | £263,442 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Nov 2022 | £243,303 | £246,250 | 5 CATON DRIVE |
28 Mar 2022 | £367,873 | £355,000 | 55 LANCASTER LANE |
10 Mar 2022 | £352,329 | £340,000 | 10 WHITELEAF PLACE |
29 Oct 2021 | £347,213 | £313,800 | 2 NEWBY DRIVE |
22 Sep 2021 | £307,114 | £285,000 | 1 CATON DRIVE |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 18 Jan 2017. Using an estimated price of £327,242 means this house is valued at £2,639 per sq meter (£245 per sq foot).
The average size of a house on MERCIA GROVE is 170 sq meters (1,833 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Lancaster Avenue | |
Feb 2024 | Anti-social behaviour | On or near Lancaster Avenue | |
Feb 2024 | Anti-social behaviour | On or near Lune Drive | |
Feb 2024 | Anti-social behaviour | On or near Lune Drive | |
Mar 2024 | Vehicle crime | Under investigation | On or near Arden Drive |