£173,156
This estimated value is based upon the latest sale price for the house of £39,950 on 1 Jul 1999. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£39,950 | 1 Jul 1999 |
£39,950 | 30 Oct 1998 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 July 1999 the House Price Index for LANCASHIRE was 34.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 333.432%.Applying this 333.432% change to the original purchase price of £39,950 results in an estimated price of approximately £173,156.
1 Jul 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
34.3 | 148.6 | 333.432 % | £39,950 | £133,206 | £173,156 |
The Postcode Pricing Model uses changes in average sales price within the LA3 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 | 378.043 % | £151,028 | £190,978 |
3 Month Average | 245.539 % | £98,092 | £138,042 |
6 Month Average | 260.806 % | £104,192 | £144,142 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £121,352 | £119,800 | 8 BURDOCK WALK |
30 Jan 2023 | £373,242 | £375,000 | 17 CATHEDRAL DRIVE |
16 Jan 2023 | £139,344 | £140,000 | 1 BRYONY COURT |
6 Jul 2022 | £263,209 | £262,500 | 19 CATHEDRAL DRIVE |
29 Jun 2022 | £235,326 | £232,000 | 23 CATHEDRAL DRIVE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 11 Nov 2015. Using an estimated price of £173,156 means this house is valued at £2,546 per sq meter (£236 per sq foot).
The average size of a house on REEDMACE WALK is 60 sq meters (656 sq feet).
This house is the largest in the street with a floor area of 68 sq meters (731 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Reedmace Walk | |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Reedmace Walk |
Jan 2024 | Anti-social behaviour | On or near Reedmace Walk | |
Jan 2024 | Anti-social behaviour | On or near Reedmace Walk | |
Jan 2024 | Anti-social behaviour | On or near Reedmace Walk |