£399
This estimated value is based upon the latest sale price for the house of £400 on 2 Jun 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £400 | 2 Jun 2023 |
| £135,000 | 6 Sep 2021 |
| Freehold |
| Floor Area: 58 sq meters or 624 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 2023 the House Price Index for LANCASHIRE was 147.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of -0.204%.Applying this -0.204% change to the original purchase price of £400 results in an estimated price of approximately £399.
| 2 Jun 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 146.7 | -0.204 % | £400 | £0 | £399 |
The Postcode Pricing Model uses changes in average sales price within the BB12 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 | -53.802 % | £-215 | £184 |
| 3 Month Average | -32.757 % | £-131 | £268 |
| 6 Month Average | -6.543 % | £-26 | £373 |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 22 Aug 2021.
The average size of a house on SOMERFORD CLOSE is 75 sq meters (809 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Southcliffe Avenue |
| Feb 2024 | Anti-social behaviour | On or near Ighten Road | |
| Feb 2024 | Anti-social behaviour | On or near Ighten Road | |
| Dec 2023 | Anti-social behaviour | On or near Telford Street | |
| Dec 2023 | Anti-social behaviour | On or near Telford Street |