£256,821
This estimated value is based upon the latest sale price for the house of £117,950 on 5 Dec 2003. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £117,950 | 5 Dec 2003 |
| Semi-Detached |
| Freehold |
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 December 2003 the House Price Index for LANCASHIRE was 68.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 117.737%.Applying this 117.737% change to the original purchase price of £117,950 results in an estimated price of approximately £256,821.
| 5 Dec 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 68.2 | 148.6 | 117.737 % | £117,950 | £138,871 | £256,821 |
The Postcode Pricing Model uses changes in average sales price within the FY3 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 | 34.110 % | £40,232 | £158,182 |
| 3 Month Average | 61.052 % | £72,011 | £189,961 |
| 6 Month Average | 63.962 % | £75,443 | £193,393 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £157,251 | £154,500 | 58 RAVENSWOOD AVENUE |
| 28 Apr 2023 | £127,371 | £126,000 | 4 MORESBY AVENUE |
| 3 Apr 2023 | £116,201 | £114,950 | 8 NEWTON PLACE |
| 1 Jul 2022 | £120,324 | £120,000 | 25 NORMOSS AVENUE |
| 18 Mar 2022 | £124,351 | £120,000 | 5 BURFORD CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Newton Place | |
| Dec 2023 | Anti-social behaviour | On or near Newton Place | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Newton Place |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Newton Place |
| Dec 2023 | Anti-social behaviour | On or near Newton Place |