£342,785
This estimated value is based upon the latest sale price for the house of £335,000 on 9 Oct 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£335,000 | 9 Oct 2023 |
£279,995 | 29 Jun 2017 |
Detached |
Leasehold |
Floor Area: 113 sq meters or 1,216 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 October 2023 the House Price Index for LANCASHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £335,000 results in an estimated price of approximately £342,785.
9 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £335,000 | £7,785 | £342,785 |
The Postcode Pricing Model uses changes in average sales price within the BB7 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 | -6.170 % | £-20,669 | £314,330 |
3 Month Average | 15.885 % | £53,215 | £388,215 |
6 Month Average | 10.304 % | £34,517 | £369,517 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Oct 2023 | £342,785 | £335,000 | 1 WYRE CLOSE |
6 Oct 2023 | £327,437 | £320,000 | 47 LUNE ROAD |
15 Aug 2023 | £264,775 | £260,000 | 57 FAIRFIELD DRIVE |
28 Apr 2023 | £204,831 | £201,000 | 4 FAIRFIELD CLOSE |
21 Oct 2022 | £259,134 | £260,000 | 64 FAIRFIELD DRIVE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 13 Jun 2017. Using an estimated price of £342,785 means this house is valued at £3,033 per sq meter (£281 per sq foot).
The average size of a house on WYRE CLOSE is 164 sq meters (1,765 sq feet).
This house is the largest in the street with a floor area of 113 sq meters (1,216 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Asland Crescent |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Asland Crescent |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blakewater Road |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blakewater Road |
Jul 2024 | Anti-social behaviour | On or near Fairfield Drive |