£278,822
This estimated value is based upon the latest sale price for the house of £60,000 on 28 Aug 1998. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£60,000 | 28 Aug 1998 |
Semi-Detached |
Freehold |
Floor Area: 85 sq meters or 922 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 August 1998 the House Price Index for LANCASHIRE was 31.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 364.704%.Applying this 364.704% change to the original purchase price of £60,000 results in an estimated price of approximately £278,822.
28 Aug 1998 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.8 | 148.0 | 364.704 % | £60,000 | £218,822 | £278,822 |
The Postcode Pricing Model uses changes in average sales price within the BB4 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 | 296.373 % | £177,823 | £237,823 |
3 Month Average | 261.675 % | £157,004 | £217,004 |
6 Month Average | 254.338 % | £152,602 | £212,602 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Oct 2022 | £216,778 | £220,000 | 7 CEDAR AVENUE |
16 Jun 2022 | £540,478 | £535,000 | THE CROFT HASLINGDEN ROAD |
15 Mar 2022 | £273,501 | £265,000 | 30 PARK WOOD DRIVE |
11 Mar 2022 | £448,954 | £435,000 | 2 PARKWOOD COURT |
4 Feb 2022 | £255,893 | £245,000 | 10 WILLOW TREE AVENUE |
This house has a floor area of 85 sq meters or 922 sq feet when measured on 19 Jan 2012. Using an estimated price of £278,822 means this house is valued at £3,253 per sq meter (£302 per sq foot).
The average size of a house on PARKWOOD DRIVE is 132 sq meters (1,422 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Cedar Avenue | |
Mar 2024 | Anti-social behaviour | On or near Parkwood Court | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Parkwood Court |
Mar 2024 | Anti-social behaviour | On or near Parkwood Court | |
Mar 2024 | Criminal damage and arson | Local resolution | On or near Parkwood Court |