£142,799
This estimated value is based upon the latest sale price for the house of £49,000 on 24 May 2002. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £49,000 | 24 May 2002 |
| Semi-Detached |
| Leasehold |
| Floor Area: 116 sq meters or 1,248 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 2002 the House Price Index for LANCASHIRE was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £49,000 results in an estimated price of approximately £142,799.
| 24 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 51.0 | 148.6 | 191.428 % | £49,000 | £93,799 | £142,799 |
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 | 283.084 % | £138,711 | £187,711 |
| 3 Month Average | 230.006 % | £112,703 | £161,703 |
| 6 Month Average | 241.012 % | £118,095 | £167,095 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Mar 2023 | £188,779 | £187,000 | 30 SOUTHWOOD DRIVE |
| 12 Jan 2023 | £154,273 | £155,000 | 13 TINTERN CLOSE |
| 8 Aug 2022 | £235,366 | £236,000 | 25 COLERIDGE DRIVE |
| 13 May 2022 | £366,914 | £360,000 | 7 COLERIDGE DRIVE |
| 18 Mar 2022 | £194,817 | £188,000 | 46 COLERIDGE DRIVE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 4 Oct 2016. Using an estimated price of £142,800 means this house is valued at £1,231 per sq meter (£114 per sq foot).
The average size of a house on SOUTHWOOD DRIVE is 76 sq meters (828 sq feet).
This house is the largest in the street with a floor area of 116 sq meters (1,248 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Coleridge Drive | |
| Jan 2024 | Anti-social behaviour | On or near Coleridge Drive | |
| Jan 2024 | Anti-social behaviour | On or near Coleridge Drive | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Coleridge Drive |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Burns Drive |