£107,536
This estimated value is based upon the latest sale price for the house of £87,000 on 13 Sep 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £87,000 | 13 Sep 2019 |
| £75,000 | 14 Apr 2014 |
| £22,000 | 14 Sep 2001 |
| £24,000 | 23 Nov 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 2019 the House Price Index for LANCASHIRE was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £87,000 results in an estimated price of approximately £107,536.
| 13 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £87,000 | £20,536 | £107,536 |
The Postcode Pricing Model uses changes in average sales price within the LA4 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 | 6.610 % | £5,750 | £92,750 |
| 3 Month Average | 19.000 % | £16,530 | £103,530 |
| 6 Month Average | 16.730 % | £14,555 | £101,555 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £229,834 | £224,000 | 2 ROSSENDALE AVENUE |
| 27 Oct 2023 | £322,321 | £315,000 | 30 VICTORIA PARADE |
| 13 Oct 2023 | £110,510 | £108,000 | 5 THE WILLOWS 12 ROSSENDALE AVENUE |
| 27 Apr 2023 | £112,097 | £110,000 | 16 ROSSENDALE AVENUE |
| 6 Mar 2023 | £115,428 | £113,500 | FLAT 6 12 ROSSENDALE AVENUE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 30 Jul 2013. Using an estimated price of £107,536 means this house is valued at £1,581 per sq meter (£146 per sq foot).
The average size of a house on ROSSENDALE AVENUE is 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Jul 2024 | Anti-social behaviour | On or near Rossendale Avenue |