£129,919
This estimated value is based upon the latest sale price for the house of £131,500 on 1 Sep 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £131,500 | 1 Sep 2022 |
| £124,995 | 25 Jan 2008 |
| £55,950 | 4 Aug 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 September 2022 the House Price Index for LANCASHIRE was 149.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -1.202%.Applying this -1.202% change to the original purchase price of £131,500 results in an estimated price of approximately £129,919.
| 1 Sep 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 148.0 | -1.202 % | £131,500 | £-1,580 | £129,919 |
The Postcode Pricing Model uses changes in average sales price within the FY3 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 | 13.040 % | £17,147 | £148,647 |
| 3 Month Average | -11.617 % | £-15,277 | £116,222 |
| 6 Month Average | -2.528 % | £-3,323 | £128,176 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £160,979 | £160,000 | 185 NORMOSS ROAD |
| 10 Jul 2023 | £247,340 | £245,000 | 138 NORMOSS ROAD |
| 24 Mar 2023 | £155,842 | £155,000 | 14 RAVENSWOOD AVENUE |
| 1 Sep 2022 | £129,920 | £131,500 | 15 RAVENS CLOSE |
| 21 Jul 2022 | £244,669 | £245,000 | 171 NORMOSS ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 9 Apr 2013. Using an estimated price of £129,920 means this house is valued at £1,565 per sq meter (£145 per sq foot).
The average size of a house on RAVENS CLOSE is 91 sq meters (990 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Raven'S Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Raven'S Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Raven'S Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Conway Avenue |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Conway Avenue |