£352,871
This estimated value is based upon the latest sale price for the house of £224,950 on 7 Apr 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£224,950 | 7 Apr 2014 |
£250,000 | 31 Mar 2010 |
£250,000 | 15 Jun 2007 |
Detached |
Freehold |
Floor Area: 163 sq meters or 1,755 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 April 2014 the House Price Index for LANCASHIRE was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £224,950 results in an estimated price of approximately £352,871.
7 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.4 | 149.7 | 56.867 % | £224,950 | £127,921 | £352,871 |
The Postcode Pricing Model uses changes in average sales price within the BB12 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 | -4.696 % | £-10,563 | £214,386 |
3 Month Average | 22.741 % | £51,154 | £276,104 |
6 Month Average | 21.772 % | £48,976 | £273,926 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £380,851 | £375,000 | 3 SCAFELL CLOSE |
2 Oct 2023 | £176,509 | £172,500 | 22 HERSCHEL AVENUE |
28 Apr 2023 | £366,862 | £360,000 | 70 IGHTENHILL PARK LANE |
16 Feb 2023 | £387,589 | £385,000 | 14 DOVEDALE DRIVE |
7 Jun 2022 | £352,536 | £345,000 | 26 HELVELLYN DRIVE |
This house has a floor area of 163 sq meters or 1,755 sq feet when measured on 25 Feb 2010. Using an estimated price of £352,871 means this house is valued at £2,163 per sq meter (£201 per sq foot).
The average size of a house on IGHTENHILL PARK LANE is 161 sq meters (1,743 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Fairbairn Avenue | |
Jun 2024 | Anti-social behaviour | On or near Fairbairn Avenue | |
Jun 2024 | Anti-social behaviour | On or near Fairbairn Avenue | |
Jun 2024 | Anti-social behaviour | On or near Fairbairn Avenue | |
Sep 2024 | Public order | Under investigation | On or near Ightenhill Park Lane |