£269,321
This estimated value is based upon the latest sale price for the house of £164,000 on 31 Jan 2007. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £164,000 | 31 Jan 2007 |
| £107,950 | 2 Apr 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 79 sq meters or 856 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 January 2007 the House Price Index for LANCASHIRE was 90.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 64.221%.Applying this 64.221% change to the original purchase price of £164,000 results in an estimated price of approximately £269,321.
| 31 Jan 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.5 | 148.6 | 64.221 % | £164,000 | £105,321 | £269,321 |
The Postcode Pricing Model uses changes in average sales price within the LA1 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 | 28.264 % | £46,352 | £210,352 |
| 3 Month Average | 23.379 % | £38,341 | £202,341 |
| 6 Month Average | 39.330 % | £64,501 | £228,501 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jan 2023 | £99,481 | £99,950 | 38 THE COLONNADE |
| 24 Jun 2022 | £215,039 | £212,000 | 66 THE COLONNADE |
| 14 Jun 2022 | £687,719 | £678,000 | 1 REDWOOD HEIGHTS |
| 14 Jun 2022 | £385,447 | £380,000 | 3 THE PIAZZA |
| 7 Apr 2022 | £514,900 | £500,000 | 3 STANDEN PARK HOUSE |
This house has a floor area of 79 sq meters or 856 sq feet when measured on 30 Jan 2010. Using an estimated price of £269,322 means this house is valued at £3,383 per sq meter (£314 per sq foot).
The average size of a house on THE COLONNADE is 70 sq meters (757 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Redwood Heights | |
| Feb 2024 | Anti-social behaviour | On or near Redwood Heights | |
| Jan 2024 | Public order | Under investigation | On or near Redwood Heights |
| Dec 2023 | Anti-social behaviour | On or near Redwood Heights | |
| Dec 2023 | Anti-social behaviour | On or near Redwood Heights |