£175,755
This estimated value is based upon the latest sale price for the house of £142,500 on 31 Jul 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £142,500 | 31 Jul 2019 |
| £49,950 | 1 Jun 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 2019 the House Price Index for LANCASHIRE was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £142,500 results in an estimated price of approximately £175,755.
| 31 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £142,500 | £33,255 | £175,755 |
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 | 47.665 % | £67,922 | £210,422 |
| 3 Month Average | 18.637 % | £26,557 | £169,057 |
| 6 Month Average | 13.857 % | £19,745 | £162,245 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £217,785 | £215,000 | 23 WARLEY AVENUE |
| 21 Aug 2023 | £171,500 | £170,000 | 9 WARLEY DRIVE |
| 22 Feb 2023 | £249,832 | £250,000 | 17 HOMFRAY AVENUE |
| 11 Nov 2022 | £222,307 | £225,000 | 7 LOWTHER AVENUE |
| 4 Nov 2022 | £232,188 | £235,000 | 2 WARLEY AVENUE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 3 Oct 2018. Using an estimated price of £175,756 means this house is valued at £2,375 per sq meter (£220 per sq foot).
The average size of a house on WARLEY AVENUE is 90 sq meters (978 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Warley Avenue |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Warley Drive |
| Mar 2024 | Other theft | Under investigation | On or near A589 |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near A589 |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near A589 |