£140,483
This estimated value is based upon the latest sale price for the house of £114,000 on 24 Oct 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £114,000 | 24 Oct 2018 |
| £80,000 | 29 Mar 2012 |
| £61,000 | 22 May 2002 |
| Terraced |
| Leasehold |
| Floor Area: 54 sq meters or 590 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 October 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 23.231%.Applying this 23.231% change to the original purchase price of £114,000 results in an estimated price of approximately £140,483.
| 24 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £114,000 | £26,483 | £140,483 |
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 | 23.130 % | £26,368 | £140,368 |
| 3 Month Average | -12.919 % | £-14,727 | £99,272 |
| 6 Month Average | 22.630 % | £25,798 | £139,798 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £244,274 | £240,000 | 27 SIZERGH ROAD |
| 3 Mar 2023 | £123,160 | £122,000 | 37 MONKSWOOD AVENUE |
| 12 Aug 2022 | £194,477 | £195,000 | 13 STRICKLAND DRIVE |
| 20 Jul 2022 | £91,246 | £91,000 | 8 MONKSWOOD AVENUE |
| 8 Jul 2022 | £289,780 | £289,000 | 2 SIZERGH ROAD |
This house has a floor area of 54 sq meters or 590 sq feet when measured on 21 Feb 2011. Using an estimated price of £140,483 means this house is valued at £2,560 per sq meter (£237 per sq foot).
The average size of a house on MONKSWOOD AVENUE is 59 sq meters (638 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Monkswood Avenue | |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Monkswood Avenue |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Monkswood Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Glade |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Strickland Drive |