£302,398
This estimated value is based upon the latest sale price for the house of £235,000 on 26 May 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £235,000 | 26 May 2017 |
| £115,000 | 2 Jul 2012 |
| £68,250 | 7 Jan 1997 |
| Semi-Detached |
| Leasehold |
| Floor Area: 117 sq meters or 1,259 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 May 2017 the House Price Index for LANCASHIRE was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £235,000 results in an estimated price of approximately £302,398.
| 26 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 148.6 | 28.680 % | £235,000 | £67,398 | £302,398 |
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 | 35.110 % | £82,507 | £317,507 |
| 3 Month Average | 55.115 % | £129,520 | £364,520 |
| 6 Month Average | 32.089 % | £75,408 | £310,408 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2022 | £573,822 | £580,000 | 2 VICARAGE CLOSE |
| 17 Jun 2022 | £286,550 | £282,500 | 10 DERWENT CRESCENT |
| 3 Mar 2022 | £269,428 | £260,000 | 31 FAIRFIELD DRIVE |
| 16 Aug 2021 | £209,178 | £187,500 | 7 LANGDALE AVENUE |
| 14 Jul 2021 | £434,422 | £378,000 | 13 DERWENT CRESCENT |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 2 Apr 2015. Using an estimated price of £302,399 means this house is valued at £2,584 per sq meter (£240 per sq foot).
The average size of a house on DERWENT CRESCENT is 108 sq meters (1,165 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Fairfield Drive | |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Bleasdale Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bleasdale Avenue |
| Mar 2024 | Anti-social behaviour | On or near Edisford Road | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Fairfield Close |