£225,476
This estimated value is based upon the latest sale price for the house of £182,500 on 11 Jun 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£182,500 | 11 Jun 2019 |
£81,000 | 27 Jul 2001 |
£50,000 | 21 Jul 1995 |
Semi-Detached |
Freehold |
Floor Area: 64 sq meters or 688 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 2019 the House Price Index for LANCASHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £182,500 results in an estimated price of approximately £225,476.
11 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.549 % | £182,500 | £42,976 | £225,476 |
The Postcode Pricing Model uses changes in average sales price within the LA1 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 | 123.074 % | £224,610 | £407,110 |
3 Month Average | 9.221 % | £16,828 | £199,328 |
6 Month Average | 16.649 % | £30,383 | £212,883 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £213,740 | £210,000 | 22 WINCHESTER AVENUE |
15 Sep 2023 | £314,015 | £310,000 | 63A WINCHESTER AVENUE |
26 Aug 2022 | £321,136 | £322,000 | 20 WINCHESTER AVENUE |
3 Sep 2021 | £285,562 | £265,000 | 37 FARMDALE ROAD |
11 Dec 2020 | £246,758 | £215,000 | 74 WINCHESTER AVENUE |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 27 Feb 2019. Using an estimated price of £225,476 means this house is valued at £3,523 per sq meter (£327 per sq foot).
The average size of a house on FARMDALE ROAD is 91 sq meters (983 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Farmdale Road | |
Mar 2024 | Anti-social behaviour | On or near Farmdale Road | |
Feb 2024 | Anti-social behaviour | On or near Winchester Avenue | |
Feb 2024 | Anti-social behaviour | On or near Winchester Avenue | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Newlands Avenue |