£124,228
This estimated value is based upon the latest sale price for the house of £119,000 on 18 Mar 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£119,000 | 18 Mar 2022 |
£40,950 | 24 Oct 1997 |
Terraced |
Freehold |
Floor Area: 104 sq meters or 1,119 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 March 2022 the House Price Index for LANCASHIRE was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £119,000 results in an estimated price of approximately £124,228.
18 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 149.7 | 4.393 % | £119,000 | £5,228 | £124,228 |
The Postcode Pricing Model uses changes in average sales price within the BB18 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 | 33.271 % | £39,592 | £158,592 |
3 Month Average | -5.968 % | £-7,102 | £111,897 |
6 Month Average | 6.270 % | £7,461 | £126,461 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £121,073 | £118,000 | 13 LOWER WEST AVENUE |
24 Nov 2023 | £143,646 | £140,000 | 10 LOWER NORTH AVENUE |
10 Nov 2023 | £117,995 | £115,000 | 21 LOWER NORTH AVENUE |
26 Oct 2023 | £106,417 | £104,000 | 24 LOWER NORTH AVENUE |
15 Sep 2023 | £132,930 | £130,000 | 2 LOWER NORTH AVENUE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 8 Dec 2021. Using an estimated price of £124,228 means this house is valued at £1,194 per sq meter (£110 per sq foot).
The average size of a house on LOWER WEST AVENUE is 107 sq meters (1,160 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Lower East Avenue | |
Apr 2024 | Anti-social behaviour | On or near Lower East Avenue | |
Apr 2024 | Anti-social behaviour | On or near Lower East Avenue | |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lower East Avenue |
Apr 2024 | Anti-social behaviour | On or near Lower East Avenue |