£184,989
This estimated value is based upon the latest sale price for the house of £182,500 on 21 Jul 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £182,500 | 21 Jul 2023 |
| £54,000 | 4 Jun 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 2023 the House Price Index for LANCASHIRE was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £182,500 results in an estimated price of approximately £184,989.
| 21 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £182,500 | £2,489 | £184,989 |
The Postcode Pricing Model uses changes in average sales price within the FY6 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 | -30.083 % | £-54,901 | £127,598 |
| 3 Month Average | -3.435 % | £-6,269 | £176,230 |
| 6 Month Average | -0.623 % | £-1,137 | £181,362 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Dec 2023 | £310,432 | £305,000 | 8 SKIPPOOL AVENUE |
| 30 Aug 2023 | £126,103 | £125,000 | 185 BRECK ROAD |
| 21 Jul 2023 | £184,990 | £182,500 | 16 MYRTLE AVENUE |
| 9 Jun 2023 | £187,268 | £185,000 | 4 MYRTLE AVENUE |
| 8 Jul 2022 | £190,513 | £190,000 | 17 BRECK CLOSE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 13 Feb 2017. Using an estimated price of £184,990 means this house is valued at £2,534 per sq meter (£235 per sq foot).
The average size of a house on MYRTLE AVENUE is 84 sq meters (913 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other crime | Under investigation | On or near B5412 |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near B5412 |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Moorland Avenue |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Moorland Avenue |