£196,978
This estimated value is based upon the latest sale price for the house of £140,000 on 27 Oct 2015. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£140,000 | 27 Oct 2015 |
Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 2015 the House Price Index for LANCASHIRE was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £140,000 results in an estimated price of approximately £196,978.
27 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
105.6 | 148.6 | 40.699 % | £140,000 | £56,978 | £196,978 |
The Postcode Pricing Model uses changes in average sales price within the FY5 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 | 21.913 % | £30,677 | £170,677 |
3 Month Average | 22.280 % | £31,191 | £171,191 |
6 Month Average | 28.709 % | £40,193 | £180,193 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £269,719 | £265,000 | 17 MAYFAIR DRIVE |
29 Sep 2023 | £189,422 | £187,000 | 6 HAWTHORNE ROAD |
9 Sep 2022 | £228,158 | £230,000 | 22 HAWTHORNE ROAD |
9 Jun 2022 | £175,480 | £173,000 | 2 GERONA COURT |
22 Dec 2021 | £132,851 | £124,000 | 36 HAWTHORNE ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 6 Jul 2015. Using an estimated price of £196,978 means this house is valued at £2,626 per sq meter (£243 per sq foot).
The average size of a house on MAYFAIR DRIVE is 110 sq meters (1,186 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Public order | Unable to prosecute suspect | On or near Hawthorne Lea |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Hawthorne Lea |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oak Avenue |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Dorchester Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near B5412 |