£329,192
This estimated value is based upon the latest sale price for the house of £228,000 on 22 May 2015. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £228,000 | 22 May 2015 |
| £250,000 | 17 Apr 2008 |
| £20,000 | 20 Sep 2007 |
| Detached |
| Freehold |
| Floor Area: 162 sq meters or 1,743 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 May 2015 the House Price Index for LANCASHIRE was 101.8.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 44.382%.Applying this 44.382% change to the original purchase price of £228,000 results in an estimated price of approximately £329,192.
| 22 May 2015 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 147.0 | 44.382 % | £228,000 | £101,192 | £329,192 |
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 | 56.506 % | £128,833 | £356,833 |
| 3 Month Average | 43.801 % | £99,865 | £327,865 |
| 6 Month Average | 19.957 % | £45,501 | £273,501 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £211,010 | £209,000 | 6 SOUTHGATE |
| 16 Feb 2023 | £344,185 | £348,400 | 14 WEST WAY |
| 22 Dec 2022 | £372,152 | £380,000 | 6 WEST WAY |
| 8 Aug 2022 | £236,461 | £240,000 | 45 THE STRAND |
| 4 Jul 2022 | £270,111 | £272,500 | 28 WEST WAY |
This house has a floor area of 162 sq meters or 1,743 sq feet when measured on 11 Mar 2014. Using an estimated price of £329,192 means this house is valued at £2,032 per sq meter (£188 per sq foot).
The average size of a house on THE STRAND is 104 sq meters (1,124 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Avon Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Avon Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Windermere Avenue |
| Dec 2023 | Other theft | Under investigation | On or near Severn Avenue |
| Nov 2023 | Anti-social behaviour | On or near Bowland Avenue |