£275,922
This estimated value is based upon the latest sale price for the house of £225,000 on 25 Oct 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £225,000 | 25 Oct 2019 |
| £180,000 | 24 Sep 2010 |
| £66,000 | 30 Jun 1999 |
| Detached |
| Leasehold |
| Floor Area: 80 sq meters or 861 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 2019 the House Price Index for LANCASHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £225,000 results in an estimated price of approximately £275,922.
| 25 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £225,000 | £50,922 | £275,922 |
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 | 42.007 % | £94,515 | £319,515 |
| 3 Month Average | 30.996 % | £69,740 | £294,740 |
| 6 Month Average | 23.141 % | £52,066 | £277,066 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Apr 2023 | £328,537 | £325,000 | 36 KNOWL MEADOW |
| 25 Nov 2022 | £278,131 | £281,500 | 21 CHERRY TREE WAY |
| 29 Jul 2022 | £180,436 | £179,950 | 3 LABURNUM ROAD |
| 10 Dec 2021 | £348,198 | £325,000 | 26 CURVEN EDGE |
| 2 Dec 2021 | £183,205 | £171,000 | 1 LABURNUM ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 27 Sep 2019. Using an estimated price of £275,923 means this house is valued at £3,449 per sq meter (£320 per sq foot).
The average size of a house on KNOWL MEADOW is 107 sq meters (1,162 sq feet).
This house is the smallest in the street with a floor area of 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Laburnum Road | |
| Mar 2024 | Anti-social behaviour | On or near Laburnum Road | |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Laburnum Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Curven Edge |
| Apr 2024 | Public order | Under investigation | On or near New Barn |