£297,711
This estimated value is based upon the latest sale price for the house of £211,000 on 28 Aug 2015. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £211,000 | 28 Aug 2015 |
| £213,000 | 24 Sep 2010 |
| £158,000 | 9 May 2003 |
| £113,950 | 19 Dec 2000 |
| Detached |
| Leasehold |
| Floor Area: 114 sq meters or 1,227 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 August 2015 the House Price Index for LANCASHIRE was 104.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 41.095%.Applying this 41.095% change to the original purchase price of £211,000 results in an estimated price of approximately £297,711.
| 28 Aug 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 146.7 | 41.095 % | £211,000 | £86,711 | £297,711 |
The Postcode Pricing Model uses changes in average sales price within the FY5 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 | 31.718 % | £66,925 | £277,925 |
| 3 Month Average | 29.773 % | £62,820 | £273,820 |
| 6 Month Average | 33.841 % | £71,405 | £282,405 |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 15 May 2015.
There is one other house on the street which we know the size of, this is 2 HONEY MOOR DRIVE it is 98.34
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Honey Moor Drive |
| Mar 2024 | Drugs | Local resolution | On or near Honey Moor Drive |
| Mar 2024 | Criminal damage and arson | Offender given a caution | On or near Honey Moor Drive |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Peace Place |
| Jan 2024 | Other theft | Under investigation | On or near Ivy Gardens |