£460,451
This estimated value is based upon the latest sale price for the house of £270,000 on 4 May 2012. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £270,000 | 4 May 2012 |
| £309,000 | 4 Apr 2008 |
| £266,000 | 15 Dec 2005 |
| Detached |
| Leasehold |
| Floor Area: 133 sq meters or 1,434 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 May 2012 the House Price Index for LANCASHIRE was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £270,000 results in an estimated price of approximately £460,451.
| 4 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.538 % | £270,000 | £190,451 | £460,451 |
The Postcode Pricing Model uses changes in average sales price within the PR7 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 | 42.552 % | £114,890 | £384,890 |
| 3 Month Average | 38.096 % | £102,860 | £372,860 |
| 6 Month Average | 47.312 % | £127,743 | £397,743 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Feb 2023 | £339,771 | £340,000 | 18 KNOWLES WOOD DRIVE |
| 1 Jul 2022 | £300,810 | £300,000 | 15 KNOWLES WOOD DRIVE |
| 20 May 2022 | £346,529 | £340,000 | 3 DEAN WOOD CLOSE |
| 19 May 2022 | £312,386 | £306,500 | 52 BURGH WOOD WAY |
| 9 Mar 2022 | £424,862 | £409,995 | 30 BURGH WOOD WAY |
This house has a floor area of 133 sq meters or 1,434 sq feet when measured on 22 Aug 2011. Using an estimated price of £460,452 means this house is valued at £3,455 per sq meter (£321 per sq foot).
The average size of a house on KNOWLES WOOD DRIVE is 151 sq meters (1,633 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Lords Wood Close | |
| Dec 2023 | Anti-social behaviour | On or near Lords Wood Close | |
| Dec 2023 | Anti-social behaviour | On or near Lords Wood Close | |
| Dec 2023 | Anti-social behaviour | On or near Lords Wood Close | |
| Mar 2024 | Anti-social behaviour | On or near Moss Wood Close |