£288,941
This estimated value is based upon the latest sale price for the house of £193,000 on 3 Oct 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £193,000 | 3 Oct 2014 |
| Detached |
| Leasehold |
| Floor Area: 106 sq meters or 1,140 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 2014 the House Price Index for LANCASHIRE was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £193,000 results in an estimated price of approximately £288,941.
| 3 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £193,000 | £95,941 | £288,941 |
The Postcode Pricing Model uses changes in average sales price within the BB4 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 | 19.919 % | £38,444 | £231,444 |
| 3 Month Average | 28.819 % | £55,620 | £248,620 |
| 6 Month Average | 35.102 % | £67,746 | £260,746 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2022 | £259,302 | £260,000 | 220 BURY ROAD |
| 6 Jun 2022 | £268,799 | £265,000 | 10 ANDREW AVENUE |
| 1 Jun 2022 | £145,050 | £143,000 | 45 CHERRY CRESCENT |
| 25 Feb 2022 | £204,495 | £195,000 | 16 ALMOND CRESCENT |
| 14 Jan 2022 | £242,054 | £230,000 | 17 ANDREW AVENUE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 11 Nov 2014. Using an estimated price of £288,942 means this house is valued at £2,725 per sq meter (£253 per sq foot).
The average size of a house on CHERRY CRESCENT is 106 sq meters (1,142 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Bury Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Larch Close |
| Feb 2024 | Anti-social behaviour | On or near Lavender Hill | |
| Feb 2024 | Anti-social behaviour | On or near Lavender Hill |