£371,881
This estimated value is based upon the latest sale price for the house of £247,500 on 19 Dec 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £247,500 | 19 Dec 2014 |
| £250,000 | 17 Dec 2013 |
| £169,000 | 29 Nov 2002 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 December 2014 the House Price Index for LANCASHIRE was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £247,500 results in an estimated price of approximately £371,881.
| 19 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 149.7 | 50.255 % | £247,500 | £124,381 | £371,881 |
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 | 3.782 % | £9,359 | £256,859 |
| 3 Month Average | 48.766 % | £120,695 | £368,195 |
| 6 Month Average | 39.097 % | £96,765 | £344,265 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £171,637 | £169,000 | 7 CHESTER AVENUE |
| 10 Nov 2023 | £200,079 | £195,000 | 16 PARK AVENUE |
| 17 Oct 2023 | £185,206 | £181,000 | 2 BRENNAND STREET |
| 5 Oct 2023 | £225,113 | £220,000 | 7 ST MARYS STREET |
| 21 Apr 2023 | £183,426 | £179,995 | 5 CHESTER AVENUE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 17 May 2014. Using an estimated price of £371,882 means this house is valued at £3,411 per sq meter (£316 per sq foot).
The average size of a house on RAILWAY VIEW ROAD is 119 sq meters (1,285 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Local resolution | On or near St Mary'S Street |
| Apr 2024 | Anti-social behaviour | On or near St Mary'S Street | |
| Apr 2024 | Anti-social behaviour | On or near St Mary'S Street | |
| Apr 2024 | Anti-social behaviour | On or near St Mary'S Street | |
| Apr 2024 | Anti-social behaviour | On or near St Mary'S Street |