£204,445
This estimated value is based upon the latest sale price for the house of £173,000 on 12 Oct 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£173,000 | 12 Oct 2020 |
Terraced |
Freehold |
Floor Area: 103 sq meters or 1,108 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 October 2020 the House Price Index for LANCASHIRE was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £173,000 results in an estimated price of approximately £204,445.
12 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 149.7 | 18.177 % | £173,000 | £31,445 | £204,445 |
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 | -8.405 % | £-14,540 | £158,459 |
3 Month Average | 24.940 % | £43,146 | £216,146 |
6 Month Average | 34.041 % | £58,891 | £231,891 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £248,823 | £245,000 | 32 RIDDINGS AVENUE |
19 Jun 2023 | £303,074 | £297,000 | 12 SMITHYFIELD AVENUE |
10 Mar 2022 | £240,105 | £230,000 | 6 GOLDFIELD AVENUE |
6 Jan 2022 | £121,923 | £115,000 | 26 TOWNFIELD AVENUE |
14 Dec 2021 | £259,034 | £240,000 | 1 COPPERFIELD CLOSE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 10 Sep 2020. Using an estimated price of £204,446 means this house is valued at £1,984 per sq meter (£184 per sq foot).
The average size of a house on GOLDFIELD AVENUE is 128 sq meters (1,384 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Robbery | Under investigation | On or near Smithyfield Avenue |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Smithyfield Avenue |
Jun 2024 | Anti-social behaviour | On or near Townfield Avenue | |
Jun 2024 | Anti-social behaviour | On or near Townfield Avenue | |
Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Townfield Avenue |