£203,975
This estimated value is based upon the latest sale price for the house of £124,950 on 7 Aug 2013. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There has been one burglary within the last year on or near Derwent Close
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| Price Paid | Date |
|---|---|
| £124,950 | 7 Aug 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 55 sq meters or 592 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 August 2013 the House Price Index for LANCASHIRE was 89.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 63.246%.Applying this 63.246% change to the original purchase price of £124,950 results in an estimated price of approximately £203,975.
| 7 Aug 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 146.7 | 63.246 % | £124,950 | £79,025 | £203,975 |
The Postcode Pricing Model uses changes in average sales price within the BB8 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 | -11.437 % | £-14,290 | £110,659 |
| 3 Month Average | 23.202 % | £28,990 | £153,940 |
| 6 Month Average | 38.400 % | £47,980 | £172,930 |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 1 Oct 2012.
The average size of a house on DERWENT CLOSE is 97 sq meters (1,051 sq feet).
This house is the smallest in the street with a floor area of 55 sq meters (592 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Derwent Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Thirlmere Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rydal Place |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rydal Place |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Rydal Place |