£161,741
This estimated value is based upon the latest sale price for the house of £160,000 on 21 Apr 2023. 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 Faraday Avenue
More crime details
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| Price Paid | Date |
|---|---|
| £160,000 | 21 Apr 2023 |
| £19,350 | 8 Apr 2002 |
| Semi-Detached |
| Freehold |
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 April 2023 the House Price Index for LANCASHIRE was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £160,000 results in an estimated price of approximately £161,741.
| 21 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £160,000 | £1,741 | £161,741 |
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 | 77.112 % | £123,379 | £283,379 |
| 3 Month Average | 4.880 % | £7,807 | £167,807 |
| 6 Month Average | -3.325 % | £-5,320 | £154,679 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £152,500 | £152,500 | 43 HENTHORN ROAD |
| 17 Nov 2023 | £238,531 | £235,000 | 18 THE CRESCENT |
| 8 Sep 2023 | £182,331 | £180,000 | 15 THE CRESCENT |
| 7 Sep 2023 | £197,526 | £195,000 | 25 EDISFORD ROAD |
| 21 Apr 2023 | £161,742 | £160,000 | 8 BEECH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Faraday Avenue |
| Dec 2023 | Violence and sexual offences | Offender given a caution | On or near Faraday Avenue |
| Dec 2023 | Burglary | Unable to prosecute suspect | On or near Faraday Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Thorn Street |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near The Crescent |