£188,453
This estimated value is based upon the latest sale price for the house of £183,000 on 8 Apr 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £183,000 | 8 Apr 2022 |
| £135,000 | 16 May 2008 |
| £54,000 | 10 Jan 1997 |
| Semi-Detached |
| Leasehold |
| Floor Area: 70 sq meters or 753 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 April 2022 the House Price Index for LANCASHIRE was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £183,000 results in an estimated price of approximately £188,453.
| 8 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £183,000 | £5,453 | £188,453 |
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 | -21.131 % | £-38,670 | £144,329 |
| 3 Month Average | 2.888 % | £5,284 | £188,284 |
| 6 Month Average | 21.322 % | £39,019 | £222,019 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £223,918 | £220,000 | 36 RED SPAR ROAD |
| 1 Dec 2023 | £101,781 | £100,000 | 20 RED SPAR ROAD |
| 23 Aug 2023 | £189,659 | £188,000 | 50 RED SPAR ROAD |
| 14 Jul 2023 | £223,001 | £220,000 | 41 RED SPAR ROAD |
| 14 Apr 2023 | £227,449 | £225,000 | 51 RED SPAR ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 18 Sep 2014. Using an estimated price of £188,453 means this house is valued at £2,692 per sq meter (£250 per sq foot).
The average size of a house on RED SPAR ROAD is 78 sq meters (841 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Red Spar Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wroxham Close |