£234,969
This estimated value is based upon the latest sale price for the house of £187,500 on 27 Mar 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £187,500 | 27 Mar 2018 |
| Semi-Detached |
| Leasehold |
| Floor Area: 85 sq meters or 914 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 March 2018 the House Price Index for LANCASHIRE was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £187,500 results in an estimated price of approximately £234,969.
| 27 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £187,500 | £47,469 | £234,969 |
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 | 270.343 % | £506,892 | £694,392 |
| 3 Month Average | 56.783 % | £106,468 | £293,968 |
| 6 Month Average | 26.067 % | £48,875 | £236,375 |
| 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 |
| 5 Nov 2021 | £319,047 | £295,000 | 92 LUNE ROAD |
| 16 Aug 2021 | £209,178 | £187,500 | 7 LANGDALE AVENUE |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 31 Jan 2018. Using an estimated price of £234,969 means this house is valued at £2,764 per sq meter (£256 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 | |
| Mar 2024 | Anti-social behaviour | On or near Fairfield Drive | |
| Apr 2024 | Anti-social behaviour | On or near Asland Crescent | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bleasdale Avenue |
| Jan 2024 | Violence and sexual offences | Offender given a caution | On or near Bleasdale Avenue |