£178,674
This estimated value is based upon the latest sale price for the house of £145,000 on 22 May 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £145,000 | 22 May 2020 |
| £140,000 | 5 Oct 2018 |
| £125,000 | 30 May 2013 |
| £51,580 | 23 May 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 May 2020 the House Price Index for LANCASHIRE was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £145,000 results in an estimated price of approximately £178,674.
| 22 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £145,000 | £33,674 | £178,674 |
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 | 250.036 % | £362,551 | £507,551 |
| 3 Month Average | 67.603 % | £98,024 | £243,024 |
| 6 Month Average | 37.151 % | £53,868 | £198,868 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Apr 2024 | £151,314 | £150,000 | 2 RINGWOOD CLOSE |
| 20 Jan 2023 | £240,643 | £240,000 | 11 RINGWOOD CLOSE |
| 19 Jan 2023 | £220,589 | £220,000 | 35 WITTLEWOOD DRIVE |
| 11 Nov 2022 | £196,083 | £197,000 | 6 RINGWOOD CLOSE |
| 20 Dec 2021 | £144,357 | £133,750 | 3 SHERWOOD WAY |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 10 Jan 2013. Using an estimated price of £178,674 means this house is valued at £2,007 per sq meter (£186 per sq foot).
The average size of a house on SHERWOOD WAY is 94 sq meters (1,012 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Sherwood Way | |
| Jun 2024 | Anti-social behaviour | On or near Sherwood Way | |
| Jun 2024 | Anti-social behaviour | On or near Sherwood Way | |
| Jun 2024 | Anti-social behaviour | On or near Sherwood Way | |
| May 2024 | Violence and sexual offences | Under investigation | On or near Sherwood Way |