£266,423
This estimated value is based upon the latest sale price for the house of £220,000 on 15 Jun 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 15 Jun 2020 |
| £56,500 | 25 Jul 1997 |
| Semi-Detached |
| Leasehold |
| Floor Area: 125 sq meters or 1,345 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 June 2020 the House Price Index for LANCASHIRE was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £220,000 results in an estimated price of approximately £266,423.
| 15 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 148.6 | 21.102 % | £220,000 | £46,423 | £266,423 |
The Postcode Pricing Model uses changes in average sales price within the BB4 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 | 16.766 % | £36,885 | £256,885 |
| 3 Month Average | 37.309 % | £82,079 | £302,079 |
| 6 Month Average | 18.096 % | £39,811 | £259,811 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £115,000 | £115,000 | 3 PARK VIEW |
| 14 Dec 2023 | £178,116 | £175,000 | 4 GAGHILLS ROAD |
| 3 Jul 2023 | £90,214 | £89,000 | 7 WEST VIEW |
| 29 Jun 2023 | £232,820 | £230,000 | 19 BROOKLANDS |
| 31 Mar 2023 | £103,475 | £102,500 | 3 CLOUGH STREET |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 24 Jan 2018. Using an estimated price of £266,423 means this house is valued at £2,131 per sq meter (£198 per sq foot).
There is one other house on the street which we know the size of, this is 4 MOUNT AVENUE it is 90.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Mount Avenue |
| Jan 2024 | Anti-social behaviour | On or near Yare Street | |
| Jan 2024 | Anti-social behaviour | On or near Yare Street | |
| Jan 2024 | Anti-social behaviour | On or near Yare Street | |
| Jan 2024 | Anti-social behaviour | On or near Yare Street |