£256,292
This estimated value is based upon the latest sale price for the house of £257,500 on 12 Jan 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£257,500 | 12 Jan 2023 |
£170,000 | 9 Aug 2013 |
£100,000 | 6 Jul 2005 |
Semi-Detached |
Freehold |
Floor Area: 69 sq meters or 752 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 January 2023 the House Price Index for LANCASHIRE was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £257,500 results in an estimated price of approximately £256,292.
12 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.3 | 148.6 | -0.469 % | £257,500 | £-1,207 | £256,292 |
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 | 96.228 % | £247,786 | £505,286 |
3 Month Average | -9.546 % | £-24,580 | £232,919 |
6 Month Average | -5.406 % | £-13,921 | £243,578 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jan 2023 | £256,293 | £257,500 | 19 REDCAR ROAD |
6 Jun 2022 | £334,730 | £330,000 | 2 LINGFIELD CLOSE |
8 Apr 2022 | £261,569 | £254,000 | 23 REDCAR ROAD |
10 Dec 2021 | £345,519 | £322,500 | 17 SANDOWN ROAD |
23 Sep 2021 | £366,381 | £340,000 | 31 NEWMARKET AVENUE |
This house has a floor area of 69 sq meters or 752 sq feet when measured on 17 Oct 2008. Using an estimated price of £256,293 means this house is valued at £3,666 per sq meter (£340 per sq foot).
The average size of a house on REDCAR ROAD is 98 sq meters (1,063 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redcar Road |
Feb 2024 | Anti-social behaviour | On or near Redcar Road | |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redcar Road |
Feb 2024 | Anti-social behaviour | On or near Redcar Road | |
Feb 2024 | Anti-social behaviour | On or near Redcar Road |