£242,630
This estimated value is based upon the latest sale price for the house of £140,000 on 14 Jun 2011. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£140,000 | 14 Jun 2011 |
£62,500 | 28 Apr 2000 |
Semi-Detached |
Freehold |
Floor Area: 62 sq meters or 668 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 June 2011 the House Price Index for LANCASHIRE was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £140,000 results in an estimated price of approximately £242,630.
14 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.7 | 148.6 | 73.308 % | £140,000 | £102,630 | £242,630 |
The Postcode Pricing Model uses changes in average sales price within the LA4 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 | 70.287 % | £98,402 | £238,402 |
3 Month Average | 10.587 % | £14,821 | £154,821 |
6 Month Average | 49.508 % | £69,311 | £209,311 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2024 | £225,000 | £225,000 | 43 HAMILTON ROAD |
16 Mar 2023 | £361,405 | £358,000 | 57 HAMILTON ROAD |
1 Aug 2022 | £219,360 | £219,950 | 11 RANLEA AVENUE |
31 Jan 2022 | £299,936 | £285,000 | 4 WEBSTER GROVE |
30 Nov 2021 | £227,659 | £210,500 | 8 RANLEA AVENUE |
This house has a floor area of 62 sq meters or 668 sq feet when measured on 9 May 2011. Using an estimated price of £242,631 means this house is valued at £3,908 per sq meter (£363 per sq foot).
The average size of a house on RANLEA AVENUE is 85 sq meters (918 sq feet).
This house is the smallest in the street with a floor area of 62 sq meters (668 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Action to be taken by another organisation | On or near Wyndham Place |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Betony |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Betony |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Marton Drive |