£114,116
This estimated value is based upon the latest sale price for the house of £113,500 on 6 Mar 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£113,500 | 6 Mar 2023 |
£60,000 | 8 Jun 2012 |
£85,000 | 3 Jan 2008 |
£64,000 | 10 Mar 2006 |
£25,000 | 3 May 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 82 sq meters or 882 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 2023 the House Price Index for LANCASHIRE was 147.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.543%.Applying this 0.543% change to the original purchase price of £113,500 results in an estimated price of approximately £114,116.
6 Mar 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.2 | 148.0 | 0.543 % | £113,500 | £616 | £114,116 |
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 | -13.688 % | £-15,535 | £97,964 |
3 Month Average | 1.124 % | £1,275 | £114,775 |
6 Month Average | -5.808 % | £-6,592 | £106,907 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Nov 2023 | £226,913 | £224,000 | 2 ROSSENDALE AVENUE |
27 Apr 2023 | £110,824 | £110,000 | 16 ROSSENDALE AVENUE |
6 Mar 2023 | £114,117 | £113,500 | FLAT 6 12 ROSSENDALE AVENUE |
30 Jun 2022 | £179,823 | £178,000 | 4A VICTORIA PARADE |
1 Mar 2022 | £438,633 | £425,000 | 384 MARINE ROAD EAST |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 12 Sep 2018. Using an estimated price of £114,117 means this house is valued at £1,391 per sq meter (£129 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 | Violence and sexual offences | Unable to prosecute suspect | On or near Rossendale Avenue |
Apr 2024 | Anti-social behaviour | On or near Rossendale Avenue | |
Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Rossendale Avenue |
Apr 2024 | Criminal damage and arson | Under investigation | On or near Rossendale Avenue |