£508,008
This estimated value is based upon the latest sale price for the house of £357,500 on 28 Jul 2015. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £357,500 | 28 Jul 2015 |
| Detached |
| Leasehold |
| Floor Area: 221 sq meters or 2,378 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 2015 the House Price Index for LANCASHIRE was 103.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 42.100%.Applying this 42.100% change to the original purchase price of £357,500 results in an estimated price of approximately £508,008.
| 28 Jul 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 146.7 | 42.100 % | £357,500 | £150,508 | £508,008 |
The Postcode Pricing Model uses changes in average sales price within the BB7 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 | 41.192 % | £147,260 | £504,760 |
| 3 Month Average | 36.839 % | £131,699 | £489,199 |
| 6 Month Average | 36.021 % | £128,773 | £486,273 |
This house has a floor area of 221 sq meters or 2,378 sq feet when measured on 14 Apr 2014.
The average size of a house on HEREFORD DRIVE is 214 sq meters (2,303 sq feet).
This house is the largest in the street with a floor area of 221 sq meters (2,378 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Hereford Drive | |
| Mar 2024 | Burglary | Under investigation | On or near Goosebutts Lane |
| Mar 2024 | Anti-social behaviour | On or near Croasdale Drive | |
| Mar 2024 | Anti-social behaviour | On or near Croasdale Drive | |
| Mar 2024 | Other theft | Under investigation | On or near Croasdale Drive |