£210,431
This estimated value is based upon the latest sale price for the house of £118,000 on 28 Sep 2009. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £118,000 | 28 Sep 2009 |
| £60,000 | 2 Jul 1999 |
| Semi-Detached |
| Leasehold |
| Floor Area: 81 sq meters or 871 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 September 2009 the House Price Index for LANCASHIRE was 83.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 78.332%.Applying this 78.332% change to the original purchase price of £118,000 results in an estimated price of approximately £210,431.
| 28 Sep 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 148.6 | 78.332 % | £118,000 | £92,431 | £210,431 |
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 | -17.225 % | £-20,325 | £97,674 |
| 3 Month Average | 13.744 % | £16,217 | £134,217 |
| 6 Month Average | 35.834 % | £42,284 | £160,284 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £256,488 | £252,000 | 27 MEADOW CLOSE |
| 10 Nov 2023 | £299,433 | £295,000 | 62 REEDLEY DRIVE |
| 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 81 sq meters or 871 sq feet when measured on 10 Jul 2016. Using an estimated price of £210,432 means this house is valued at £2,597 per sq meter (£241 per sq foot).
The average size of a house on MEADOW CLOSE is 117 sq meters (1,264 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Reedley Drive |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Reedley Drive |