£162,342
This estimated value is based upon the latest sale price for the house of £120,000 on 3 May 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 3 May 2016 |
| Semi-Detached |
| Freehold |
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 2016 the House Price Index for LANCASHIRE was 110.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 35.286%.Applying this 35.286% change to the original purchase price of £120,000 results in an estimated price of approximately £162,342.
| 3 May 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 149.7 | 35.286 % | £120,000 | £42,342 | £162,342 |
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 | 44.354 % | £53,225 | £173,225 |
| 3 Month Average | 46.054 % | £55,265 | £175,265 |
| 6 Month Average | 36.473 % | £43,767 | £163,767 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £147,764 | £145,000 | 5 BEDFORD CLOSE |
| 17 Mar 2023 | £132,208 | £130,000 | 21 CARDIGAN AVENUE |
| 7 Feb 2023 | £186,244 | £185,000 | 3 BRECON AVENUE |
| 12 Sep 2022 | £204,863 | £205,000 | 24 CARDIGAN AVENUE |
| 29 Jul 2022 | £204,550 | £202,500 | 31 CARDIGAN AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Brecon Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Brecon Avenue | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thwaites Road |
| Jul 2024 | Shoplifting | Under investigation | On or near Thwaites Road |
| Jul 2024 | Shoplifting | Under investigation | On or near Thwaites Road |