£567,248
This estimated value is based upon the latest sale price for the house of £480,000 on 2 Oct 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £480,000 | 2 Oct 2020 |
| £345,000 | 24 Mar 2005 |
| Semi-Detached |
| Leasehold |
| Floor Area: 207 sq meters or 2,228 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 2020 the House Price Index for LANCASHIRE was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £480,000 results in an estimated price of approximately £567,248.
| 2 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £480,000 | £87,248 | £567,248 |
The Postcode Pricing Model uses changes in average sales price within the FY8 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 | -18.114 % | £-86,946 | £393,053 |
| 3 Month Average | 4.905 % | £23,544 | £503,544 |
| 6 Month Average | 3.131 % | £15,030 | £495,030 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Apr 2024 | £549,774 | £545,000 | 1 CLIFTON DRIVE |
| 1 Dec 2023 | £319,828 | £310,000 | FLAT 1 1 WEST BANK AVENUE |
| 11 Jul 2022 | £853,553 | £845,000 | 3 RIVERSLEIGH AVENUE |
| 25 Mar 2022 | £814,268 | £780,000 | 7 WEST BANK AVENUE |
| 18 Mar 2022 | £1,351,893 | £1,295,000 | 1A CLIFTON DRIVE |
This house has a floor area of 207 sq meters or 2,228 sq feet when measured on 8 Jun 2020. Using an estimated price of £567,248 means this house is valued at £2,740 per sq meter (£254 per sq foot).
The average size of a house on WEST BANK AVENUE is 210 sq meters (2,260 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Willows Avenue |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Eden Avenue |
| Aug 2024 | Anti-social behaviour | On or near Stanley Road | |
| Aug 2024 | Anti-social behaviour | On or near Stanley Road | |
| Aug 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Stanley Road |