£193,078
This estimated value is based upon the latest sale price for the house of £145,000 on 29 Jul 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £145,000 | 29 Jul 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 July 2016 the House Price Index for LANCASHIRE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £145,000 results in an estimated price of approximately £193,078.
| 29 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £145,000 | £48,078 | £193,078 |
The Postcode Pricing Model uses changes in average sales price within the BB18 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 | 88.351 % | £128,108 | £273,108 |
| 3 Month Average | 56.203 % | £81,494 | £226,494 |
| 6 Month Average | 51.149 % | £74,166 | £219,166 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £196,915 | £194,000 | 22 RYLSTONE DRIVE |
| 4 Sep 2023 | £283,576 | £279,950 | 5 DARNBROOK ROAD |
| 25 Aug 2023 | £277,427 | £275,000 | 5 GORDALE CLOSE |
| 10 Jul 2023 | £182,456 | £180,000 | 7 MONKROYD AVENUE |
| 11 Jan 2023 | £216,480 | £217,500 | 26 MONKROYD AVENUE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 7 Jun 2016. Using an estimated price of £193,079 means this house is valued at £2,681 per sq meter (£249 per sq foot).
The average size of a house on MONKROYD AVENUE is 79 sq meters (856 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Priory Way |