£280,462
This estimated value is based upon the latest sale price for the house of £167,500 on 22 Jun 2012. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£167,500 | 22 Jun 2012 |
£59,000 | 3 Dec 1999 |
£51,000 | 26 Jun 1998 |
Semi-Detached |
Freehold |
Floor Area: 56 sq meters or 612 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 June 2012 the House Price Index for LANCASHIRE was 87.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.441%.Applying this 67.441% change to the original purchase price of £167,500 results in an estimated price of approximately £280,462.
22 Jun 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 146.7 | 67.441 % | £167,500 | £112,962 | £280,462 |
The Postcode Pricing Model uses changes in average sales price within the BB10 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 | 6.177 % | £10,346 | £177,846 |
3 Month Average | 21.353 % | £35,766 | £203,266 |
6 Month Average | 41.385 % | £69,319 | £236,819 |
This house has a floor area of 56 sq meters or 612 sq feet when measured on 15 Mar 2012.
The average size of a house on RICHMOND AVENUE is 83 sq meters (902 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Richmond Avenue |
Nov 2023 | Anti-social behaviour | On or near Richmond Avenue | |
Nov 2023 | Anti-social behaviour | On or near Richmond Avenue | |
Nov 2023 | Anti-social behaviour | On or near Richmond Avenue | |
Nov 2023 | Anti-social behaviour | On or near Richmond Avenue |