£69,561
This estimated value is based upon the latest sale price for the house of £60,000 on 6 Nov 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £60,000 | 6 Nov 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 46 sq meters or 495 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 November 2020 the House Price Index for LANCASHIRE was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £60,000 results in an estimated price of approximately £69,561.
| 6 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £60,000 | £9,561 | £69,561 |
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 | 13.469 % | £8,081 | £68,081 |
| 3 Month Average | 10.935 % | £6,560 | £66,560 |
| 6 Month Average | 13.910 % | £8,345 | £68,345 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £152,671 | £150,000 | 5 HILL VIEW |
| 1 Jun 2022 | £145,050 | £143,000 | 45 CHERRY CRESCENT |
| 25 Feb 2022 | £204,495 | £195,000 | 16 ALMOND CRESCENT |
| 1 Dec 2021 | £214,275 | £200,000 | 3 CRABTREE TERRACE |
| 27 Oct 2021 | £141,629 | £128,000 | 2 CRABTREE BUILDINGS |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 11 Dec 2019. Using an estimated price of £69,561 means this house is valued at £1,512 per sq meter (£140 per sq foot).
The average size of a house on LAVENDER HILL is 79 sq meters (852 sq feet).
This house is the smallest in the street with a floor area of 46 sq meters (495 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Lavender Hill | |
| Feb 2024 | Anti-social behaviour | On or near Lavender Hill | |
| Feb 2024 | Anti-social behaviour | On or near Lavender Hill | |
| Apr 2024 | Violence and sexual offences | Local resolution | On or near Larch Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Larch Close |