£3,472
This estimated value is based upon the latest sale price for the house of £2,830 on 19 Sep 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£2,830 | 19 Sep 2019 |
£217,500 | 12 Oct 2018 |
£139,950 | 22 Dec 2000 |
Freehold |
Floor Area: 106 sq meters or 1,144 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 September 2019 the House Price Index for LANCASHIRE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £2,830 results in an estimated price of approximately £3,472.
19 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.696 % | £2,830 | £642 | £3,472 |
The Postcode Pricing Model uses changes in average sales price within the PR25 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 | -11.013 % | £-311 | £2,518 |
3 Month Average | 18.883 % | £534 | £3,364 |
6 Month Average | 10.467 % | £296 | £3,126 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £415,310 | £410,000 | 12 MAGNOLIA DRIVE |
11 Jul 2023 | £248,342 | £245,000 | 30 PETUNIA CLOSE |
12 Sep 2022 | £427,051 | £430,500 | 39 MAGNOLIA DRIVE |
29 Jul 2022 | £255,688 | £255,000 | 3 PETUNIA CLOSE |
23 Jun 2022 | £431,092 | £425,000 | 14 MAGNOLIA DRIVE |
This house has a floor area of 106 sq meters or 1,144 sq feet when measured on 17 Jun 2009. Using an estimated price of £3,472 means this house is valued at £32 per sq meter (£3 per sq foot).
The average size of a house on MAGNOLIA DRIVE is 145 sq meters (1,565 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Camellia Drive |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Camellia Drive |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Ivy Close |