£199,571
This estimated value is based upon the latest sale price for the house of £160,000 on 4 May 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£160,000 | 4 May 2018 |
£59,000 | 7 Jul 1999 |
Semi-Detached |
Freehold |
Floor Area: 104 sq meters or 1,119 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 2018 the House Price Index for LANCASHIRE was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £160,000 results in an estimated price of approximately £199,571.
4 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 148.6 | 24.732 % | £160,000 | £39,571 | £199,571 |
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 | -9.816 % | £-15,705 | £144,294 |
3 Month Average | 17.154 % | £27,446 | £187,446 |
6 Month Average | 25.144 % | £40,231 | £200,231 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Mar 2023 | £161,522 | £160,000 | 44 BUTTERMERE AVENUE |
9 Mar 2023 | £191,807 | £190,000 | 26 BURNSIDE AVENUE |
28 Oct 2022 | £128,615 | £130,000 | 22 LAZENBY AVENUE |
29 Jul 2022 | £190,513 | £190,000 | 7 FIR CLOSE |
21 Jul 2022 | £220,594 | £220,000 | 45 BUTTERMERE AVENUE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 12 Apr 2018. Using an estimated price of £199,571 means this house is valued at £1,918 per sq meter (£178 per sq foot).
The average size of a house on BURNSIDE AVENUE is 84 sq meters (904 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burnside Avenue |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Burnside Avenue |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Burnside Avenue |
Jan 2024 | Other crime | Under investigation | On or near Burnside Avenue |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lazenby Avenue |