£202,886
This estimated value is based upon the latest sale price for the house of £175,000 on 4 Nov 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£175,000 | 4 Nov 2020 |
£58,000 | 26 Feb 1999 |
Detached |
Leasehold |
Floor Area: 83 sq meters or 893 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 £175,000 results in an estimated price of approximately £202,886.
4 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
128.2 | 148.6 | 15.935 % | £175,000 | £27,886 | £202,886 |
The Postcode Pricing Model uses changes in average sales price within the BB10 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 | -18.298 % | £-32,022 | £142,977 |
3 Month Average | 19.381 % | £33,916 | £208,916 |
6 Month Average | 45.142 % | £78,997 | £253,997 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £178,116 | £175,000 | 7 AINSDALE AVENUE |
18 Dec 2023 | £256,488 | £252,000 | 27 MEADOW CLOSE |
24 Nov 2022 | £222,307 | £225,000 | 16 RAVENS GROVE |
2 Mar 2022 | £158,547 | £152,999 | 79 REEDLEY ROAD |
11 Feb 2022 | £268,466 | £256,000 | 8 MEADOW CLOSE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 2 Oct 2018. Using an estimated price of £202,887 means this house is valued at £2,444 per sq meter (£227 per sq foot).
The average size of a house on REEDLEY ROAD is 127 sq meters (1,370 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Ravens Grove | |
Mar 2024 | Anti-social behaviour | On or near Ravens Grove | |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ravens Grove |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Reedley Road |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Martinfields |