£239,653
This estimated value is based upon the latest sale price for the house of £180,000 on 15 Aug 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £180,000 | 15 Aug 2016 |
| £179,000 | 30 Mar 2007 |
| £85,500 | 22 Mar 2002 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 August 2016 the House Price Index for LANCASHIRE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £180,000 results in an estimated price of approximately £239,653.
| 15 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £180,000 | £59,653 | £239,653 |
The Postcode Pricing Model uses changes in average sales price within the FY5 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 | 6.337 % | £11,405 | £191,405 |
| 3 Month Average | 13.582 % | £24,447 | £204,447 |
| 6 Month Average | 24.901 % | £44,822 | £224,822 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £494,826 | £487,500 | 93 WEST DRIVE |
| 2 Nov 2023 | £87,292 | £86,000 | 10 GORSE AVENUE |
| 8 Sep 2023 | £248,173 | £245,000 | 4 MAY BELL AVENUE |
| 21 Aug 2023 | £496,847 | £492,500 | 55 WEST DRIVE |
| 26 Jun 2023 | £161,962 | £160,000 | 13 INGLEWAY |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 15 Jun 2016. Using an estimated price of £239,653 means this house is valued at £2,396 per sq meter (£222 per sq foot).
The average size of a house on GORSE AVENUE is 81 sq meters (881 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Ingleway |
| Dec 2023 | Anti-social behaviour | On or near Ingleway | |
| Dec 2023 | Anti-social behaviour | On or near Ingleway | |
| Dec 2023 | Anti-social behaviour | On or near Ingleway | |
| Dec 2023 | Anti-social behaviour | On or near Ingleway |