£189,974
This estimated value is based upon the latest sale price for the house of £175,000 on 23 Sep 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There has been one burglary within the last year on or near George Mews
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Price Paid | Date |
---|---|
£175,000 | 23 Sep 2021 |
£150,000 | 3 Feb 2017 |
Terraced |
Freehold |
Floor Area: 79 sq meters or 850 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 September 2021 the House Price Index for LANCASHIRE was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £175,000 results in an estimated price of approximately £189,974.
23 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £175,000 | £14,974 | £189,974 |
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 | -5.415 % | £-9,475 | £165,524 |
3 Month Average | 4.380 % | £7,664 | £182,664 |
6 Month Average | -11.309 % | £-19,790 | £155,209 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £203,121 | £200,000 | 13 ROEDEAN AVENUE |
4 Aug 2022 | £236,104 | £235,000 | 4 KENDAL DRIVE |
30 Jun 2022 | £196,449 | £192,250 | 21 LONSDALE AVENUE |
9 May 2022 | £215,104 | £209,500 | 19 LONSDALE AVENUE |
8 Dec 2021 | £288,715 | £267,500 | 14 LONSDALE AVENUE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 4 Jul 2016. Using an estimated price of £189,975 means this house is valued at £2,404 per sq meter (£223 per sq foot).
The average size of a house on GEORGE MEWS is 92 sq meters (992 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near George Mews | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near George Mews |
Jul 2024 | Burglary | Under investigation | On or near George Mews |
Jul 2024 | Violence and sexual offences | Under investigation | On or near George Mews |
May 2024 | Violence and sexual offences | Offender given a caution | On or near Harrow Grove |