£284,111
This estimated value is based upon the latest sale price for the house of £55,500 on 25 Jul 1997. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£55,500 | 25 Jul 1997 |
Semi-Detached |
Freehold |
Floor Area: 79 sq meters or 854 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 1997 the House Price Index for LANCASHIRE was 29.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 411.913%.Applying this 411.913% change to the original purchase price of £55,500 results in an estimated price of approximately £284,111.
25 Jul 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
29.2 | 149.7 | 411.913 % | £55,500 | £228,611 | £284,111 |
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 | 410.549 % | £227,854 | £283,354 |
3 Month Average | 320.305 % | £177,769 | £233,269 |
6 Month Average | 290.332 % | £161,133 | £216,633 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £283,353 | £279,000 | 8 SYCAMORE WAY |
29 Mar 2023 | £297,976 | £293,000 | 2 COLNE ROAD |
24 Mar 2023 | £289,840 | £285,000 | 12 SYCAMORE WAY |
14 Jan 2022 | £217,341 | £205,000 | 7 ELM CLOSE |
19 Nov 2021 | £102,360 | £93,950 | 7 COLNE ROAD |
This house has a floor area of 79 sq meters or 854 sq feet when measured on 13 Apr 2011. Using an estimated price of £284,112 means this house is valued at £3,580 per sq meter (£332 per sq foot).
The average size of a house on ELM CLOSE is 108 sq meters (1,164 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Under investigation | On or near Elm Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Elm Close |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Elm Close |
Apr 2024 | Anti-social behaviour | On or near Elm Close | |
Apr 2024 | Anti-social behaviour | On or near Elm Close |