£205,524
This estimated value is based upon the latest sale price for the house of £184,225 on 3 Aug 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£184,225 | 3 Aug 2021 |
£145,500 | 29 Jun 2012 |
£130,000 | 17 Mar 2011 |
Semi-Detached |
Freehold |
Floor Area: 70 sq meters or 753 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 August 2021 the House Price Index for LANCASHIRE was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £184,225 results in an estimated price of approximately £205,524.
3 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
133.2 | 148.6 | 11.562 % | £184,225 | £21,299 | £205,524 |
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 | 93.089 % | £171,494 | £355,719 |
3 Month Average | -5.279 % | £-9,725 | £174,499 |
6 Month Average | 6.289 % | £11,586 | £195,811 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Sep 2023 | £180,305 | £178,000 | 21 MALVERN AVENUE |
18 Aug 2023 | £206,809 | £205,000 | 2 PARKFIELD DRIVE |
16 Jun 2023 | £249,016 | £246,000 | 43 PARKFIELD DRIVE |
19 Apr 2023 | £230,482 | £228,000 | 41 PARKFIELD DRIVE |
29 Mar 2023 | £201,902 | £200,000 | 51 PARKFIELD DRIVE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 19 Apr 2012. Using an estimated price of £205,524 means this house is valued at £2,936 per sq meter (£272 per sq foot).
The average size of a house on PARKFIELD DRIVE is 78 sq meters (845 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Parkfield Drive |
Mar 2024 | Anti-social behaviour | On or near Somerset Avenue | |
Feb 2024 | Anti-social behaviour | On or near Avondale Road | |
Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Avondale Road |
Feb 2024 | Anti-social behaviour | On or near Avondale Road |