£151,467
This estimated value is based upon the latest sale price for the house of £56,950 on 11 Sep 2002. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £56,950 | 11 Sep 2002 |
| £47,000 | 30 Nov 2000 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2002 the House Price Index for LANCASHIRE was 55.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 165.966%.Applying this 165.966% change to the original purchase price of £56,950 results in an estimated price of approximately £151,467.
| 11 Sep 2002 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 55.2 | 146.7 | 165.966 % | £56,950 | £94,517 | £151,467 |
The Postcode Pricing Model uses changes in average sales price within the FY7 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 | 142.846 % | £81,351 | £138,301 |
| 3 Month Average | 139.681 % | £79,548 | £136,498 |
| 6 Month Average | 153.920 % | £87,657 | £144,607 |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 21 Nov 2014.
The average size of a house on SOUTHWOOD AVENUE is 81 sq meters (880 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Cambridge Road |
| Mar 2024 | Violence and sexual offences | Offender given a caution | On or near Lincoln Avenue |
| Mar 2024 | Violence and sexual offences | Offender given a caution | On or near Lincoln Avenue |
| Feb 2024 | Anti-social behaviour | On or near Lincoln Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Lincoln Avenue |