£242,782
This estimated value is based upon the latest sale price for the house of £152,000 on 3 Jan 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£152,000 | 3 Jan 2014 |
£53,500 | 6 Apr 2001 |
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 January 2014 the House Price Index for LANCASHIRE was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £152,000 results in an estimated price of approximately £242,782.
3 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.0 | 148.6 | 59.725 % | £152,000 | £90,782 | £242,782 |
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 | -6.161 % | £-9,364 | £142,635 |
3 Month Average | 16.411 % | £24,945 | £176,945 |
6 Month Average | 14.397 % | £21,883 | £173,883 |
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 |