£77,571
This estimated value is based upon the latest sale price for the house of £62,950 on 5 Nov 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £62,950 | 5 Nov 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 November 2018 the House Price Index for LANCASHIRE was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £62,950 results in an estimated price of approximately £77,571.
| 5 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £62,950 | £14,621 | £77,571 |
The Postcode Pricing Model uses changes in average sales price within the LA4 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 | 44.194 % | £27,820 | £90,770 |
| 3 Month Average | -1.414 % | £-890 | £62,059 |
| 6 Month Average | 25.968 % | £16,346 | £79,296 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Jul 2023 | £157,115 | £155,000 | 43 ULLSWATER AVENUE |
| 18 Nov 2022 | £138,324 | £140,000 | 2 BLEA TARN PLACE |
| 23 May 2022 | £112,112 | £110,000 | 13 ULLSWATER AVENUE |
| 10 May 2022 | £176,322 | £173,000 | 3 DOWNES GROVE |
| 11 Feb 2022 | £173,035 | £165,000 | 43 BRANKSOME DRIVE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 20 Jun 2018. Using an estimated price of £77,571 means this house is valued at £1,463 per sq meter (£135 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Blea Tarn Place |