£314,262
This estimated value is based upon the latest sale price for the house of £180,000 on 24 Jun 2011. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£180,000 | 24 Jun 2011 |
£135,000 | 14 Jul 2003 |
Detached |
Leasehold |
Floor Area: 114 sq meters or 1,227 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 June 2011 the House Price Index for LANCASHIRE was 85.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.591%.Applying this 74.591% change to the original purchase price of £180,000 results in an estimated price of approximately £314,262.
24 Jun 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
85.7 | 149.7 | 74.591 % | £180,000 | £134,262 | £314,262 |
The Postcode Pricing Model uses changes in average sales price within the BB4 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 | 39.696 % | £71,452 | £251,452 |
3 Month Average | 48.820 % | £87,875 | £267,875 |
6 Month Average | 48.438 % | £87,187 | £267,187 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Nov 2023 | £574,585 | £560,000 | 25 UNION ROAD |
11 Oct 2023 | £225,113 | £220,000 | 7 EGYPT MOUNT |
8 Sep 2023 | £357,838 | £349,950 | 17 OAKLANDS DRIVE |
30 Jun 2023 | £440,324 | £431,500 | 9 LANGDALE AVENUE |
16 Jun 2023 | £423,487 | £415,000 | 30 OAKLANDS DRIVE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 4 Nov 2014. Using an estimated price of £314,263 means this house is valued at £2,756 per sq meter (£256 per sq foot).
The average size of a house on OAKLANDS DRIVE is 150 sq meters (1,619 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Osborne Terrace |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Langdale Avenue |
Jul 2024 | Other theft | Under investigation | On or near Oakley Street |
Jul 2024 | Drugs | Offender given penalty notice | On or near Oakley Street |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oakley Street |