£298,648
This estimated value is based upon the latest sale price for the house of £198,000 on 27 Nov 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £198,000 | 27 Nov 2014 |
| £229,950 | 15 Oct 2007 |
| £80,000 | 24 Aug 2001 |
| £82,950 | 28 Jun 1996 |
| Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 2014 the House Price Index for LANCASHIRE was 99.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.833%.Applying this 50.833% change to the original purchase price of £198,000 results in an estimated price of approximately £298,648.
| 27 Nov 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.2 | 149.7 | 50.833 % | £198,000 | £100,648 | £298,648 |
The Postcode Pricing Model uses changes in average sales price within the LA3 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 | 93.464 % | £185,058 | £383,058 |
| 3 Month Average | 79.953 % | £158,306 | £356,306 |
| 6 Month Average | 61.912 % | £122,584 | £320,584 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £207,747 | £204,000 | 22 LUNE DRIVE |
| 16 Aug 2022 | £318,489 | £317,000 | 11 HYNDBURN CLOSE |
| 30 Jun 2022 | £235,024 | £230,000 | 5 HODDER AVENUE |
| 22 Apr 2022 | £160,800 | £155,000 | 16 WYRE CLOSE |
| 15 Mar 2022 | £227,055 | £217,500 | 19 HODDER AVENUE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 4 Jun 2014. Using an estimated price of £298,648 means this house is valued at £2,739 per sq meter (£254 per sq foot).
The average size of a house on HODDER AVENUE is 98 sq meters (1,062 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Kent Way |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kent Way |
| Sep 2024 | Possession of weapons | Unable to prosecute suspect | On or near Calder Way |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langden Brook Mews |
| Aug 2024 | Anti-social behaviour | On or near Langden Brook Mews |