£260,691
This estimated value is based upon the latest sale price for the house of £210,000 on 27 Nov 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £210,000 | 27 Nov 2018 |
| Detached |
| Leasehold |
| Floor Area: 100 sq meters or 1,076 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 November 2018 the House Price Index for LANCASHIRE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £210,000 results in an estimated price of approximately £260,691.
| 27 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £210,000 | £50,691 | £260,691 |
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 | 8.917 % | £18,725 | £228,725 |
| 3 Month Average | 18.014 % | £37,830 | £247,830 |
| 6 Month Average | 23.132 % | £48,576 | £258,576 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Oct 2023 | £347,902 | £340,000 | 26 REDWOOD DRIVE |
| 25 Feb 2022 | £206,009 | £195,000 | 16 ALMOND CRESCENT |
| 6 Aug 2021 | £151,723 | £135,000 | 5 YEW TREE GROVE |
| 1 Jul 2021 | £60,204 | £52,000 | 33 LINDEN LEA |
| 30 Jun 2021 | £308,047 | £285,000 | 82 CHERRY CRESCENT |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 21 Aug 2018. Using an estimated price of £260,691 means this house is valued at £2,606 per sq meter (£242 per sq foot).
The average size of a house on REDWOOD DRIVE is 121 sq meters (1,303 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Lomas Lane |
| Jul 2024 | Anti-social behaviour | On or near Linden Lea | |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Linden Lea |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Linden Lea |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Chestnut Drive |