£314,803
This estimated value is based upon the latest sale price for the house of £259,950 on 18 Jun 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £259,950 | 18 Jun 2020 |
| £219,500 | 30 Oct 2014 |
| £195,500 | 25 Aug 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 902 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 2020 the House Price Index for LANCASHIRE was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £259,950 results in an estimated price of approximately £314,803.
| 18 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £259,950 | £54,853 | £314,803 |
The Postcode Pricing Model uses changes in average sales price within the L39 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 | 62.590 % | £162,702 | £422,652 |
| 3 Month Average | 12.168 % | £31,631 | £291,581 |
| 6 Month Average | 12.028 % | £31,266 | £291,216 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £449,150 | £442,500 | 28 HOLBORN HILL |
| 7 Jul 2023 | £268,615 | £265,000 | 16 REDGATE |
| 10 Mar 2023 | £368,471 | £365,000 | 11 ASH CLOSE |
| 24 Feb 2023 | £234,842 | £235,000 | 4 HOLBORN HILL |
| 20 Jan 2023 | £228,922 | £230,000 | 36 REDGATE |
This house has a floor area of 83 sq meters or 902 sq feet when measured on 11 May 2011. Using an estimated price of £314,803 means this house is valued at £3,753 per sq meter (£348 per sq foot).
The average size of a house on REDWOOD DRIVE is 81 sq meters (877 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Ash Close | |
| Jan 2024 | Anti-social behaviour | On or near Ash Close | |
| Jan 2024 | Anti-social behaviour | On or near Ash Close | |
| Dec 2023 | Anti-social behaviour | On or near Beechwood Drive | |
| Dec 2023 | Anti-social behaviour | On or near Beechwood Drive |