£283,738
This estimated value is based upon the latest sale price for the house of £279,000 on 24 Mar 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£279,000 | 24 Mar 2023 |
£217,000 | 31 Jan 2020 |
Detached |
Freehold |
Floor Area: 60 sq meters or 647 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 March 2023 the House Price Index for LANCASHIRE was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £279,000 results in an estimated price of approximately £283,738.
24 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 149.7 | 1.698 % | £279,000 | £4,738 | £283,738 |
The Postcode Pricing Model uses changes in average sales price within the LA1 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 | -38.509 % | £-107,440 | £171,559 |
3 Month Average | 2.550 % | £7,113 | £286,113 |
6 Month Average | -0.047 % | £-130 | £278,869 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £153,907 | £150,000 | 19 BENTHAM ROAD |
13 Sep 2023 | £204,508 | £200,000 | 24 APPLETREE DRIVE |
24 Mar 2023 | £283,738 | £279,000 | 50 KNOWE HILL CRESCENT |
31 Jan 2023 | £260,697 | £260,000 | 15 BENTHAM ROAD |
28 Jul 2022 | £345,967 | £342,500 | 20 KNOWE HILL CRESCENT |
This house has a floor area of 60 sq meters or 647 sq feet when measured on 6 May 2010. Using an estimated price of £283,738 means this house is valued at £4,713 per sq meter (£437 per sq foot).
The average size of a house on KNOWE HILL CRESCENT is 105 sq meters (1,136 sq feet).
This house is the smallest in the street with a floor area of 60 sq meters (647 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bay Horse Drive |
Apr 2024 | Anti-social behaviour | On or near Bay Horse Drive | |
Apr 2024 | Anti-social behaviour | On or near Bay Horse Drive | |
Apr 2024 | Violence and sexual offences | Local resolution | On or near Bay Horse Drive |
Apr 2024 | Violence and sexual offences | Local resolution | On or near Bay Horse Drive |