£394,035
This estimated value is based upon the latest sale price for the house of £170,000 on 15 Aug 2003. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £170,000 | 15 Aug 2003 |
| Semi-Detached |
| Leasehold |
| Floor Area: 119 sq meters or 1,280 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 August 2003 the House Price Index for LANCASHIRE was 64.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 131.786%.Applying this 131.786% change to the original purchase price of £170,000 results in an estimated price of approximately £394,035.
| 15 Aug 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 149.7 | 131.786 % | £170,000 | £224,035 | £394,035 |
The Postcode Pricing Model uses changes in average sales price within the BB7 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 | 37.028 % | £62,947 | £232,947 |
| 3 Month Average | 120.050 % | £204,084 | £374,084 |
| 6 Month Average | 141.913 % | £241,252 | £411,252 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £328,081 | £318,000 | 103 CHATBURN ROAD |
| 10 Nov 2023 | £292,423 | £285,000 | 21 WARWICK DRIVE |
| 18 Aug 2023 | £469,977 | £461,500 | 8 DORSET DRIVE |
| 4 Aug 2023 | £203,673 | £200,000 | 10 BRIDGE COURT |
| 17 Feb 2023 | £186,244 | £185,000 | 3 BRIDGE COURT |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 14 Jan 2020. Using an estimated price of £394,036 means this house is valued at £3,311 per sq meter (£307 per sq foot).
The average size of a house on WARWICK DRIVE is 116 sq meters (1,254 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Somerset Avenue | |
| May 2024 | Anti-social behaviour | On or near Somerset Avenue | |
| May 2024 | Anti-social behaviour | On or near Somerset Avenue | |
| Apr 2024 | Violence and sexual offences | Offender given a caution | On or near Somerset Avenue |
| Jul 2024 | Anti-social behaviour | On or near Sports/Recreation Area |