£115,923
This estimated value is based upon the latest sale price for the house of £70,000 on 20 Sep 2013. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £70,000 | 20 Sep 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 2013 the House Price Index for LANCASHIRE was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.605%.Applying this 65.605% change to the original purchase price of £70,000 results in an estimated price of approximately £115,923.
| 20 Sep 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.4 | 149.7 | 65.605 % | £70,000 | £45,923 | £115,923 |
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 | 53.288 % | £37,301 | £107,301 |
| 3 Month Average | 56.365 % | £39,455 | £109,455 |
| 6 Month Average | 46.819 % | £32,773 | £102,773 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £148,777 | £145,000 | 18 OAK AVENUE |
| 3 Nov 2023 | £159,037 | £155,000 | 8 THE CLOSE |
| 18 Oct 2023 | £145,300 | £142,000 | 8 ROUNDHILL VIEW |
| 23 Jun 2023 | £104,086 | £102,000 | 18 HOYLE STREET |
| 1 Mar 2023 | £123,055 | £121,000 | 649 BLACKBURN ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 24 Jan 2014. Using an estimated price of £115,924 means this house is valued at £1,486 per sq meter (£138 per sq foot).
The average size of a house on OAK AVENUE is 110 sq meters (1,186 sq feet).
This house is the smallest in the street with a floor area of 78 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near Oak Avenue |
| Apr 2024 | Anti-social behaviour | On or near Oak Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Oak Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Oak Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Oak Avenue |