£98,803
This estimated value is based upon the latest sale price for the house of £100,000 on 11 Nov 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £100,000 | 11 Nov 2022 |
| £73,750 | 19 Jan 2018 |
| £59,000 | 23 May 2003 |
| 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 November 2022 the House Price Index for LANCASHIRE was 150.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.197%.Applying this -1.197% change to the original purchase price of £100,000 results in an estimated price of approximately £98,803.
| 11 Nov 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 148.6 | -1.197 % | £100,000 | £-1,196 | £98,803 |
The Postcode Pricing Model uses changes in average sales price within the FY7 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 | 2.222 % | £2,221 | £102,221 |
| 3 Month Average | 1.728 % | £1,728 | £101,728 |
| 6 Month Average | 15.147 % | £15,147 | £115,147 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £109,623 | £108,000 | 23 CALDER AVENUE |
| 29 Sep 2023 | £79,010 | £78,000 | 16 ROTHAY AVENUE |
| 11 Nov 2022 | £98,803 | £100,000 | 18 DERWENT AVENUE |
| 2 Sep 2022 | £119,039 | £120,000 | 84 CHATSWORTH AVENUE |
| 8 Jul 2022 | £120,324 | £120,000 | 96 CHATSWORTH AVENUE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 4 Nov 2017. Using an estimated price of £98,803 means this house is valued at £1,353 per sq meter (£125 per sq foot).
The average size of a house on DERWENT AVENUE is 106 sq meters (1,142 sq feet).
This house is the smallest in the street with a floor area of 73 sq meters (785 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Derwent Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Derwent Avenue |
| Apr 2024 | Anti-social behaviour | On or near Derwent Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Derwent Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Derwent Avenue |