£193,633
This estimated value is based upon the latest sale price for the house of £175,000 on 18 Oct 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £175,000 | 18 Oct 2021 |
| £135,000 | 23 Oct 2017 |
| £134,950 | 18 Mar 2011 |
| £53,000 | 5 Jan 1996 |
| Semi-Detached |
| Freehold |
| 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 October 2021 the House Price Index for LANCASHIRE was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £175,000 results in an estimated price of approximately £193,633.
| 18 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £175,000 | £18,633 | £193,633 |
The Postcode Pricing Model uses changes in average sales price within the BB5 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 | 21.248 % | £37,183 | £212,183 |
| 3 Month Average | -0.971 % | £-1,699 | £173,300 |
| 6 Month Average | -8.254 % | £-14,445 | £160,554 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £182,207 | £180,000 | 15 TINTERN CLOSE |
| 12 Jan 2023 | £154,273 | £155,000 | 13 TINTERN CLOSE |
| 13 May 2022 | £366,914 | £360,000 | 7 COLERIDGE DRIVE |
| 8 Mar 2022 | £233,159 | £225,000 | 39 COLERIDGE DRIVE |
| 25 Feb 2022 | £356,556 | £340,000 | 3 WAVERLEY ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 13 Jul 2021. Using an estimated price of £193,634 means this house is valued at £2,847 per sq meter (£264 per sq foot).
The average size of a house on SOUTHWOOD DRIVE is 76 sq meters (828 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Unable to prosecute suspect | On or near Southwood Drive |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Selby Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Selby Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Selby Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Waltham Close |