£265,608
This estimated value is based upon the latest sale price for the house of £215,000 on 28 Mar 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £215,000 | 28 Mar 2019 |
| £175,000 | 5 Oct 2006 |
| £63,000 | 30 Jan 1998 |
| Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 March 2019 the House Price Index for LANCASHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £215,000 results in an estimated price of approximately £265,608.
| 28 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £215,000 | £50,608 | £265,608 |
The Postcode Pricing Model uses changes in average sales price within the LA4 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 | 16.194 % | £34,817 | £249,817 |
| 3 Month Average | 28.379 % | £61,015 | £276,015 |
| 6 Month Average | 30.975 % | £66,596 | £281,596 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £269,668 | £264,950 | 38 HEST BANK ROAD |
| 8 Sep 2023 | £263,367 | £260,000 | 4 QUEENS DRIVE |
| 1 Sep 2023 | £253,238 | £250,000 | 8 OAK AVENUE |
| 10 Mar 2023 | £335,662 | £332,500 | 14 QUEENS DRIVE |
| 18 Aug 2022 | £231,876 | £232,500 | 15 ELLIS DRIVE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 6 Feb 2019. Using an estimated price of £265,608 means this house is valued at £3,589 per sq meter (£333 per sq foot).
The average size of a house on HEST BANK ROAD is 98 sq meters (1,065 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Ellis Drive |
| Apr 2024 | Anti-social behaviour | On or near Queens Drive | |
| Apr 2024 | Anti-social behaviour | On or near Queens Drive | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Queens Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Queens Drive |