£176,074
This estimated value is based upon the latest sale price for the house of £130,000 on 15 Apr 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£130,000 | 15 Apr 2016 |
£52,000 | 26 Jul 1995 |
Semi-Detached |
Freehold |
Floor Area: 92 sq meters or 990 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 April 2016 the House Price Index for LANCASHIRE was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £130,000 results in an estimated price of approximately £176,074.
15 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
109.7 | 148.6 | 35.442 % | £130,000 | £46,074 | £176,074 |
The Postcode Pricing Model uses changes in average sales price within the FY3 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 | 11.134 % | £14,474 | £144,474 |
3 Month Average | 14.090 % | £18,316 | £148,316 |
6 Month Average | 21.184 % | £27,538 | £157,538 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Jul 2023 | £248,342 | £245,000 | 138 NORMOSS ROAD |
1 Sep 2022 | £130,447 | £131,500 | 15 RAVENS CLOSE |
21 Jul 2022 | £245,661 | £245,000 | 171 NORMOSS ROAD |
19 Jul 2022 | £12,032 | £12,000 | GARAGE ADJOINING 116 NORMOSS ROAD |
27 May 2022 | £150,842 | £148,000 | 20 RAVENS CLOSE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 11 Nov 2015. Using an estimated price of £176,074 means this house is valued at £1,913 per sq meter (£177 per sq foot).
The average size of a house on AVENUE ROAD is 92 sq meters (998 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Criminal damage and arson | Under investigation | On or near Avenue Road |
Feb 2024 | Anti-social behaviour | On or near Avenue Road | |
Feb 2024 | Anti-social behaviour | On or near Avenue Road | |
Jan 2024 | Violence and sexual offences | Local resolution | On or near Supermarket |
Jan 2024 | Anti-social behaviour | On or near Supermarket |