£208,222
This estimated value is based upon the latest sale price for the house of £177,500 on 9 Oct 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £177,500 | 9 Oct 2020 |
| 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 2020 the House Price Index for LANCASHIRE was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £177,500 results in an estimated price of approximately £208,222.
| 9 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £177,500 | £30,722 | £208,222 |
The Postcode Pricing Model uses changes in average sales price within the LA1 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 | 106.925 % | £189,792 | £367,292 |
| 3 Month Average | -1.934 % | £-3,432 | £174,067 |
| 6 Month Average | 12.943 % | £22,973 | £200,473 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £184,223 | £181,000 | 29 LARCHWOOD |
| 23 Jun 2023 | £351,761 | £347,500 | 7 KEMPTON ROAD |
| 26 Aug 2022 | £219,360 | £219,950 | 116 GRESSINGHAM DRIVE |
| 6 Jun 2022 | £334,730 | £330,000 | 2 LINGFIELD CLOSE |
| 29 Apr 2022 | £200,811 | £195,000 | 74 INGLETON DRIVE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 26 Nov 2018. Using an estimated price of £208,222 means this house is valued at £3,062 per sq meter (£284 per sq foot).
The average size of a house on NEWMARKET AVENUE is 90 sq meters (969 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Gressingham Drive | |
| Mar 2024 | Anti-social behaviour | On or near Gressingham Drive | |
| Apr 2024 | Other crime | Under investigation | On or near Larchwood |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Larchwood |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redcar Road |