£93,055
This estimated value is based upon the latest sale price for the house of £50,000 on 22 Apr 2005. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £50,000 | 22 Apr 2005 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 April 2005 the House Price Index for LANCASHIRE was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.110%.Applying this 86.110% change to the original purchase price of £50,000 results in an estimated price of approximately £93,055.
| 22 Apr 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.110 % | £50,000 | £43,055 | £93,055 |
The Postcode Pricing Model uses changes in average sales price within the BB7 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 | 63.747 % | £31,873 | £81,873 |
| 3 Month Average | 69.888 % | £34,944 | £84,944 |
| 6 Month Average | 59.346 % | £29,672 | £79,672 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £152,254 | £150,000 | 21 TALBOT CLOSE |
| 1 Sep 2023 | £213,733 | £211,000 | 36 MAYFIELD AVENUE |
| 24 Jul 2023 | £192,592 | £190,000 | 50 MAYFIELD AVENUE |
| 17 Mar 2023 | £181,712 | £180,000 | 6 MAYFIELD AVENUE |
| 16 Sep 2022 | £114,079 | £115,000 | 88 HIGHFIELD ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 22 Oct 2015. Using an estimated price of £93,055 means this house is valued at £1,163 per sq meter (£108 per sq foot).
The average size of a house on MAYFIELD AVENUE is 104 sq meters (1,119 sq feet).
This house is the smallest in the street with a floor area of 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Mayfield Avenue |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Mayfield Avenue |
| Jan 2024 | Anti-social behaviour | On or near Mayfield Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Mayfield Avenue | |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Mayfield Avenue |