£269,810
This estimated value is based upon the latest sale price for the house of £170,000 on 14 Mar 2008. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£170,000 | 14 Mar 2008 |
£86,000 | 11 Apr 2003 |
Terraced |
Leasehold |
Floor Area: 112 sq meters or 1,205 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 March 2008 the House Price Index for LANCASHIRE was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.712%.Applying this 58.712% change to the original purchase price of £170,000 results in an estimated price of approximately £269,810.
14 Mar 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.3 | 149.7 | 58.712 % | £170,000 | £99,810 | £269,810 |
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 | 17.785 % | £30,234 | £200,234 |
3 Month Average | 10.668 % | £18,135 | £188,135 |
6 Month Average | 31.673 % | £53,844 | £223,844 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Mar 2024 | £1,313,335 | £1,293,157 | 1 UNDERWOOD CRESCENT |
6 Mar 2024 | £171,637 | £169,000 | 7 CHESTER AVENUE |
8 Dec 2023 | £243,482 | £236,000 | 10 COWPER AVENUE |
10 Nov 2023 | £200,079 | £195,000 | 16 PARK AVENUE |
25 Sep 2023 | £281,199 | £275,000 | 19 COWPER AVENUE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 26 Apr 2018. Using an estimated price of £269,811 means this house is valued at £2,409 per sq meter (£223 per sq foot).
The average size of a house on CHESTER AVENUE is 114 sq meters (1,234 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Anti-social behaviour | On or near Chester Avenue | |
Aug 2024 | Anti-social behaviour | On or near Chester Avenue | |
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cowper Avenue |
Sep 2024 | Anti-social behaviour | On or near Parking Area | |
Sep 2024 | Anti-social behaviour | On or near Parking Area |