£93,873
This estimated value is based upon the latest sale price for the house of £94,000 on 14 Jul 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £94,000 | 14 Jul 2022 |
| £30,000 | 11 Dec 1998 |
| £12,500 | 23 May 1997 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 July 2022 the House Price Index for LANCASHIRE was 148.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.135%.Applying this -0.135% change to the original purchase price of £94,000 results in an estimated price of approximately £93,873.
| 14 Jul 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.0 | -0.135 % | £94,000 | £-126 | £93,873 |
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 | -6.855 % | £-6,443 | £87,556 |
| 3 Month Average | -6.054 % | £-5,690 | £88,309 |
| 6 Month Average | -1.546 % | £-1,453 | £92,546 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £131,691 | £130,000 | 19 LUPIN CLOSE |
| 20 Jun 2023 | £166,349 | £165,000 | 2 LUPIN CLOSE |
| 14 Jul 2022 | £93,873 | £94,000 | 17 MALVERN CLOSE |
| 10 Jun 2022 | £262,662 | £260,000 | 132 QUEENS ROAD WEST |
| 18 Mar 2022 | £73,278 | £71,000 | 181A QUEENS ROAD WEST |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 16 May 2013. Using an estimated price of £93,873 means this house is valued at £1,188 per sq meter (£110 per sq foot).
The average size of a house on MALVERN CLOSE is 118 sq meters (1,273 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Warwick Avenue |
| Mar 2024 | Anti-social behaviour | On or near Warwick Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Warwick Avenue | |
| Apr 2024 | Robbery | Unable to prosecute suspect | On or near Worcester Avenue |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Worcester Avenue |