£226,367
This estimated value is based upon the latest sale price for the house of £170,000 on 4 Jul 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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21 Navigation Business Village, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YP
Phone: 02080332574
Price Paid | Date |
---|---|
£170,000 | 4 Jul 2016 |
Detached |
Freehold |
Floor Area: 79 sq meters or 859 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 July 2016 the House Price Index for LANCASHIRE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £170,000 results in an estimated price of approximately £226,367.
4 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.158 % | £170,000 | £56,367 | £226,367 |
The Postcode Pricing Model uses changes in average sales price within the PR25 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 | -5.110 % | £-8,687 | £161,312 |
3 Month Average | 36.296 % | £61,702 | £231,702 |
6 Month Average | 31.819 % | £54,091 | £224,091 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Nov 2023 | £143,119 | £141,000 | 9 REDWOOD AVENUE |
18 Aug 2023 | £190,668 | £189,000 | 55 REDWOOD AVENUE |
3 Jul 2023 | £131,774 | £130,000 | 125 WELSBY ROAD |
9 Jan 2023 | £145,813 | £146,500 | 21 BRIARWOOD CLOSE |
15 Jul 2022 | £197,532 | £197,000 | 18 BRIARWOOD CLOSE |
This house has a floor area of 79 sq meters or 859 sq feet when measured on 3 Aug 2010. Using an estimated price of £226,368 means this house is valued at £2,835 per sq meter (£263 per sq foot).
The average size of a house on REDWOOD AVENUE is 81 sq meters (876 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Briarwood Close |
Mar 2024 | Anti-social behaviour | On or near Cherrywood Close | |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cherrywood Close |
Mar 2024 | Anti-social behaviour | On or near Stanning Close | |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stanning Close |