£185,363
This estimated value is based upon the latest sale price for the house of £180,000 on 1 Apr 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£180,000 | 1 Apr 2022 |
£88,000 | 4 Nov 2002 |
Semi-Detached |
Freehold |
Floor Area: 68 sq meters or 731 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 April 2022 the House Price Index for LANCASHIRE was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £180,000 results in an estimated price of approximately £185,363.
1 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 148.6 | 2.980 % | £180,000 | £5,363 | £185,363 |
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 | 0.589 % | £1,060 | £181,060 |
3 Month Average | -2.265 % | £-4,077 | £175,922 |
6 Month Average | 1.621 % | £2,917 | £182,917 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Jan 2023 | £184,133 | £185,000 | 72 NORTHUMBERLAND AVENUE |
31 Aug 2022 | £204,450 | £205,000 | 48 MILBURN AVENUE |
12 Aug 2022 | £179,517 | £180,000 | 59 REDCAR AVENUE |
8 Jul 2022 | £255,688 | £255,000 | 16 REDCAR AVENUE |
1 Apr 2022 | £185,364 | £180,000 | 33 REDCAR AVENUE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 22 Nov 2021. Using an estimated price of £185,364 means this house is valued at £2,725 per sq meter (£253 per sq foot).
The average size of a house on REDCAR AVENUE is 71 sq meters (773 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redcar Avenue |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Selby Avenue |
Mar 2024 | Anti-social behaviour | On or near Parking Area | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
Mar 2024 | Anti-social behaviour | On or near Parking Area |