£99,903
This estimated value is based upon the latest sale price for the house of £81,000 on 12 Jul 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £81,000 | 12 Jul 2019 |
| £88,500 | 2 Jun 2006 |
| Terraced |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 £81,000 results in an estimated price of approximately £99,903.
| 12 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £81,000 | £18,903 | £99,903 |
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 | -3.251 % | £-2,633 | £78,366 |
| 3 Month Average | 10.067 % | £8,154 | £89,154 |
| 6 Month Average | 30.301 % | £24,543 | £105,543 |
| 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 95 sq meters or 1,022 sq feet when measured on 4 Sep 2013. Using an estimated price of £99,903 means this house is valued at £1,051 per sq meter (£97 per sq foot).
The average size of a house on DERWENT AVENUE is 106 sq meters (1,142 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 |