£342,110
This estimated value is based upon the latest sale price for the house of £273,000 on 5 Jun 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £273,000 | 5 Jun 2018 |
| £205,000 | 28 Sep 2005 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 June 2018 the House Price Index for LANCASHIRE was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £273,000 results in an estimated price of approximately £342,110.
| 5 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 149.7 | 25.315 % | £273,000 | £69,110 | £342,110 |
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 | 7.412 % | £20,234 | £293,234 |
| 3 Month Average | 37.122 % | £101,342 | £374,342 |
| 6 Month Average | 30.727 % | £83,885 | £356,885 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 May 2024 | £265,000 | £265,000 | 11 HEXHAM ROAD |
| 10 May 2024 | £180,000 | £180,000 | 2 BRAMPTON DRIVE |
| 20 Nov 2023 | £174,171 | £169,750 | 72 KAYSWELL ROAD |
| 13 Oct 2023 | £248,647 | £243,000 | 16 HIGH COURT |
| 1 Aug 2023 | £192,981 | £189,500 | 4 BRAMPTON DRIVE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 12 Jan 2018. Using an estimated price of £342,110 means this house is valued at £3,718 per sq meter (£345 per sq foot).
The average size of a house on HEXHAM ROAD is 102 sq meters (1,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Eden Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Eden Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Eden Avenue | |
| Oct 2024 | Burglary | Under investigation | On or near Low Lane |
| Sep 2024 | Burglary | Under investigation | On or near Low Lane |