£351,448
This estimated value is based upon the latest sale price for the house of £154,000 on 1 Sep 2003. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £154,000 | 1 Sep 2003 |
| Detached |
| Leasehold |
| Floor Area: 82 sq meters or 884 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 2003 the House Price Index for LANCASHIRE was 65.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 128.213%.Applying this 128.213% change to the original purchase price of £154,000 results in an estimated price of approximately £351,448.
| 1 Sep 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 65.1 | 148.6 | 128.213 % | £154,000 | £197,448 | £351,448 |
The Postcode Pricing Model uses changes in average sales price within the L39 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 | 159.076 % | £244,976 | £398,976 |
| 3 Month Average | 79.278 % | £122,088 | £276,088 |
| 6 Month Average | 89.453 % | £137,757 | £291,757 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £356,233 | £350,000 | 5 PINE AVENUE |
| 24 Nov 2023 | £299,433 | £295,000 | 45 FOLLY VIEW GROVE |
| 24 Feb 2023 | £309,792 | £310,000 | 17 PINE AVENUE |
| 27 Jan 2023 | £258,781 | £260,000 | 6 PINE AVENUE |
| 26 Jan 2023 | £358,312 | £360,000 | 8 BURSCOUGH ROAD |
This house has a floor area of 82 sq meters or 884 sq feet when measured on 18 Jun 2011. Using an estimated price of £351,448 means this house is valued at £4,275 per sq meter (£397 per sq foot).
The average size of a house on PINE AVENUE is 107 sq meters (1,152 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Pine Grove | |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Pine Drive |
| Jan 2024 | Anti-social behaviour | On or near Pine Drive | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pine Drive |
| Jan 2024 | Anti-social behaviour | On or near Pine Drive |