£127,904
This estimated value is based upon the latest sale price for the house of £125,000 on 27 Oct 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There has been one burglary within the last year on or near Britannia Avenue
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Price Paid | Date |
---|---|
£125,000 | 27 Oct 2023 |
£98,000 | 30 Sep 2020 |
£53,000 | 20 Sep 2013 |
Semi-Detached |
Freehold |
Floor Area: 59 sq meters or 635 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 2023 the House Price Index for LANCASHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £125,000 results in an estimated price of approximately £127,904.
27 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.3 | 149.7 | 2.324 % | £125,000 | £2,904 | £127,904 |
The Postcode Pricing Model uses changes in average sales price within the OL13 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 | 49.375 % | £61,719 | £186,719 |
3 Month Average | 10.410 % | £13,012 | £138,012 |
6 Month Average | 2.728 % | £3,409 | £128,409 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jun 2024 | £67,500 | £67,500 | 5 THORN CRESCENT |
7 Jun 2024 | £90,000 | £90,000 | 23 REGENT STREET |
26 Apr 2024 | £98,858 | £98,000 | 94 PENNINE ROAD |
11 Apr 2024 | £60,526 | £60,000 | 7 PENDLE CLOSE |
27 Oct 2023 | £127,905 | £125,000 | 13 PENDLE CLOSE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 23 Oct 2017. Using an estimated price of £127,905 means this house is valued at £2,167 per sq meter (£201 per sq foot).
The average size of a house on PENDLE CLOSE is 74 sq meters (803 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Britannia Avenue |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Britannia Avenue |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Britannia Avenue |
Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Britannia Avenue |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thorn Drive |