£285,742
This estimated value is based upon the latest sale price for the house of £122,995 on 25 Jul 2003. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£122,995 | 25 Jul 2003 |
Detached |
Leasehold |
Floor Area: 71 sq meters or 764 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 July 2003 the House Price Index for LANCASHIRE was 64.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 132.320%.Applying this 132.320% change to the original purchase price of £122,995 results in an estimated price of approximately £285,742.
25 Jul 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
64.0 | 148.6 | 132.320 % | £122,995 | £162,747 | £285,742 |
The Postcode Pricing Model uses changes in average sales price within the FY5 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 | 69.055 % | £84,933 | £207,928 |
3 Month Average | 67.047 % | £82,464 | £205,459 |
6 Month Average | 74.750 % | £91,938 | £214,933 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Nov 2023 | £197,930 | £195,000 | 34 STUART ROAD |
15 Sep 2023 | £245,641 | £242,500 | 52 BEARWOOD WAY |
3 Jul 2023 | £293,906 | £289,950 | 23 BEARWOOD WAY |
18 Mar 2022 | £134,714 | £130,000 | 28 BEARWOOD WAY |
3 Dec 2021 | £216,954 | £202,500 | 30 HILLYLAID ROAD |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 5 Jun 2013. Using an estimated price of £285,743 means this house is valued at £4,024 per sq meter (£373 per sq foot).
The average size of a house on BEARWOOD WAY is 109 sq meters (1,178 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandwell Avenue |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sandwell Avenue |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stuart Road |
Mar 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Kelsons Avenue |