£288,923
This estimated value is based upon the latest sale price for the house of £66,000 on 25 Jun 1999. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£66,000 | 25 Jun 1999 |
£74,000 | 1 Dec 1995 |
Detached |
Leasehold |
Floor Area: 111 sq meters or 1,194 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 1999 the House Price Index for LANCASHIRE was 33.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 337.762%.Applying this 337.762% change to the original purchase price of £66,000 results in an estimated price of approximately £288,923.
25 Jun 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.9 | 148.6 | 337.762 % | £66,000 | £222,923 | £288,923 |
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 | 132.145 % | £87,215 | £153,215 |
3 Month Average | 194.735 % | £128,524 | £194,524 |
6 Month Average | 242.714 % | £160,191 | £226,191 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £256,488 | £252,000 | 27 MEADOW CLOSE |
10 Nov 2023 | £299,433 | £295,000 | 62 REEDLEY DRIVE |
14 Aug 2023 | £327,868 | £325,000 | 49 REEDLEY DRIVE |
24 Nov 2022 | £222,307 | £225,000 | 16 RAVENS GROVE |
2 Mar 2022 | £158,547 | £152,999 | 79 REEDLEY ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 16 Jun 2021. Using an estimated price of £288,923 means this house is valued at £2,602 per sq meter (£241 per sq foot).
There is one other house on the street which we know the size of, this is 1 MARTIN FIELDS it is 80.0
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Reedley Drive |
Mar 2024 | Anti-social behaviour | On or near Ravens Grove | |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ravens Grove |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Reedley Road |
Feb 2024 | Violence and sexual offences | Local resolution | On or near Dovedale Close |