£412,259
This estimated value is based upon the latest sale price for the house of £138,000 on 15 Apr 2002. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £138,000 | 15 Apr 2002 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2002 the House Price Index for LANCASHIRE was 49.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 198.739%.Applying this 198.739% change to the original purchase price of £138,000 results in an estimated price of approximately £412,259.
| 15 Apr 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.7 | 148.6 | 198.739 % | £138,000 | £274,259 | £412,259 |
The Postcode Pricing Model uses changes in average sales price within the FY8 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 | 106.549 % | £147,037 | £285,037 |
| 3 Month Average | 154.476 % | £213,177 | £351,177 |
| 6 Month Average | 141.598 % | £195,405 | £333,405 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £254,452 | £250,000 | 24 JUBILEE WAY |
| 23 Nov 2023 | £152,254 | £150,000 | 20 GRASSINGTON ROAD |
| 8 Nov 2023 | £274,057 | £270,000 | 10 GRASSINGTON ROAD |
| 28 Apr 2023 | £313,374 | £310,000 | 202 HEYHOUSES LANE |
| 24 Nov 2022 | £113,624 | £115,000 | 21 GRASSINGTON ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 9 Jun 2015. Using an estimated price of £412,259 means this house is valued at £4,850 per sq meter (£450 per sq foot).
The average size of a house on JUBILEE WAY is 154 sq meters (1,660 sq feet).
This house is the smallest in the street with a floor area of 85 sq meters (914 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Commonwealth Close | |
| Mar 2024 | Vehicle crime | Under investigation | On or near Faulkner Crescent |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Faulkner Crescent |
| Mar 2024 | Vehicle crime | Under investigation | On or near Nateby Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Settle Place |