£188,366
This estimated value is based upon the latest sale price for the house of £152,000 on 30 Jul 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £152,000 | 30 Jul 2018 |
| Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 July 2018 the House Price Index for LANCASHIRE was 119.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.926%.Applying this 23.926% change to the original purchase price of £152,000 results in an estimated price of approximately £188,366.
| 30 Jul 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.6 | 23.926 % | £152,000 | £36,366 | £188,366 |
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 | -4.844 % | £-7,362 | £144,637 |
| 3 Month Average | 8.513 % | £12,939 | £164,939 |
| 6 Month Average | 21.565 % | £32,778 | £184,778 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £72,500 | £72,500 | 24 WANSBECK AVENUE |
| 17 Apr 2023 | £111,197 | £110,000 | 45 DUDDON AVENUE |
| 27 Jan 2023 | £159,529 | £160,280 | 4 MERE AVENUE |
| 4 Nov 2022 | £71,138 | £72,000 | 60 DUDDON AVENUE |
| 31 Jan 2022 | £94,717 | £90,000 | 3 WANSBECK AVENUE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 16 Aug 2016. Using an estimated price of £188,367 means this house is valued at £2,165 per sq meter (£201 per sq foot).
There is one other house on the street which we know the size of, this is 3 FURNESS AVENUE it is 78.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Middleton Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Duddon Avenue |