£248,771
This estimated value is based upon the latest sale price for the house of £45,750 on 15 Nov 1996. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£45,750 | 15 Nov 1996 |
Semi-Detached |
Freehold |
Floor Area: 67 sq meters or 727 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 November 1996 the House Price Index for LANCASHIRE was 27.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 443.763%.Applying this 443.763% change to the original purchase price of £45,750 results in an estimated price of approximately £248,771.
15 Nov 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
27.3 | 148.6 | 443.763 % | £45,750 | £203,021 | £248,771 |
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 | 175.368 % | £80,230 | £125,980 |
3 Month Average | 212.538 % | £97,236 | £142,986 |
6 Month Average | 212.663 % | £97,293 | £143,043 |
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 |
This house has a floor area of 67 sq meters or 727 sq feet when measured on 5 Jun 2010. Using an estimated price of £248,771 means this house is valued at £3,680 per sq meter (£341 per sq foot).
The average size of a house on NORMOSS AVENUE is 84 sq meters (914 sq feet).
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 |