£266,656
This estimated value is based upon the latest sale price for the house of £91,500 on 3 May 2002. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£91,500 | 3 May 2002 |
£71,500 | 27 Sep 1996 |
Detached |
Freehold |
Floor Area: 122 sq meters or 1,313 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 May 2002 the House Price Index for LANCASHIRE was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £91,500 results in an estimated price of approximately £266,656.
3 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
51.0 | 148.6 | 191.428 % | £91,500 | £175,156 | £266,656 |
The Postcode Pricing Model uses changes in average sales price within the BB3 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 | 161.502 % | £147,773 | £239,273 |
3 Month Average | 157.086 % | £143,733 | £235,233 |
6 Month Average | 171.356 % | £156,790 | £248,290 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £292,620 | £287,500 | 6 SAWLEY CLOSE |
27 Nov 2023 | £268,982 | £265,000 | 3 SPIRE CLOSE |
3 Nov 2023 | £267,460 | £263,500 | 54 BEAUMONT WAY |
15 Sep 2023 | £314,015 | £310,000 | 14 SPIRE CLOSE |
27 Mar 2023 | £277,615 | £275,000 | 7 SPIRE CLOSE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 26 Mar 2014. Using an estimated price of £266,656 means this house is valued at £2,185 per sq meter (£203 per sq foot).
The average size of a house on SPIRE CLOSE is 125 sq meters (1,350 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Stork Street |
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Derwent Close |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rudyard Drive |