£486,559
This estimated value is based upon the latest sale price for the house of £325,000 on 14 Oct 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £325,000 | 14 Oct 2014 |
| £325,000 | 26 Sep 2014 |
| Detached |
| Freehold |
| Floor Area: 148 sq meters or 1,593 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 2014 the House Price Index for LANCASHIRE was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £325,000 results in an estimated price of approximately £486,559.
| 14 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £325,000 | £161,559 | £486,559 |
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 | 90.209 % | £293,180 | £618,180 |
| 3 Month Average | 46.869 % | £152,325 | £477,325 |
| 6 Month Average | 35.848 % | £116,505 | £441,505 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2023 | £265,900 | £262,500 | 9 GOOSEBUTTS LANE |
| 18 Aug 2023 | £408,574 | £405,000 | 12 LINDEN DRIVE |
| 15 Jun 2023 | £440,334 | £435,000 | 9 HEREFORD DRIVE |
| 6 Apr 2023 | £190,046 | £188,000 | 45 STANDEN ROAD |
| 27 Feb 2023 | £329,778 | £330,000 | 6 LINDEN DRIVE |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 11 Dec 2015. Using an estimated price of £486,560 means this house is valued at £3,287 per sq meter (£305 per sq foot).
The average size of a house on HEREFORD DRIVE is 214 sq meters (2,303 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Hereford Drive | |
| Mar 2024 | Anti-social behaviour | On or near Hereford Drive | |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Goosebutts Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Croasdale Drive |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Croasdale Drive |