£292,340
This estimated value is based upon the latest sale price for the house of £62,950 on 30 Jun 1998. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£62,950 | 30 Jun 1998 |
Semi-Detached |
Freehold |
Floor Area: 80 sq meters or 861 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 1998 the House Price Index for LANCASHIRE was 31.7.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 364.402%.Applying this 364.402% change to the original purchase price of £62,950 results in an estimated price of approximately £292,340.
30 Jun 1998 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.7 | 147.0 | 364.402 % | £62,950 | £229,390 | £292,340 |
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 | 320.418 % | £201,703 | £264,653 |
3 Month Average | 368.145 % | £231,747 | £294,697 |
6 Month Average | 293.642 % | £184,847 | £247,797 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £338,221 | £335,000 | 36 RED LANE |
21 Jul 2023 | £244,617 | £244,950 | 24 THE MEADOWS |
25 May 2023 | £380,259 | £380,000 | 3 TOWLER DRIVE |
9 May 2023 | £413,281 | £413,000 | EDGEMOOR LAKE VIEW ROAD |
7 Jan 2022 | £84,269 | £80,887 | 37 THE MEADOWS |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 8 Apr 2015. Using an estimated price of £292,341 means this house is valued at £3,654 per sq meter (£339 per sq foot).
The average size of a house on THE MEADOWS is 87 sq meters (939 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Anti-social behaviour | On or near Burrell Avenue | |
Dec 2023 | Anti-social behaviour | On or near Burrell Avenue | |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Burrell Avenue |
Oct 2023 | Anti-social behaviour | On or near Burrell Avenue | |
Oct 2023 | Anti-social behaviour | On or near Burrell Avenue |