£228,507
This estimated value is based upon the latest sale price for the house of £205,000 on 7 Oct 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£205,000 | 7 Oct 2021 |
£157,000 | 4 Feb 2005 |
Terraced |
Freehold |
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 October 2021 the House Price Index for LANCASHIRE was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £205,000 results in an estimated price of approximately £228,507.
7 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 149.7 | 11.467 % | £205,000 | £23,507 | £228,507 |
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 | 58.416 % | £119,753 | £324,753 |
3 Month Average | 5.774 % | £11,836 | £216,836 |
6 Month Average | 2.651 % | £5,434 | £210,434 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Nov 2023 | £336,030 | £327,500 | BROOKLYN FERNBANK AVENUE |
25 Aug 2023 | £162,939 | £160,000 | 41 ROSEMOUNT AVENUE |
18 Aug 2023 | £266,812 | £262,000 | 23 ROBINSON FOLD |
17 Mar 2023 | £116,953 | £115,000 | 11 ROSEMOUNT AVENUE |
3 Mar 2023 | £101,698 | £100,000 | 25 ROSEMOUNT AVENUE |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 26 May 2021. Using an estimated price of £228,507 means this house is valued at £1,969 per sq meter (£183 per sq foot).
There is one other house on the street which we know the size of, this is 4 OAKFIELD AVENUE it is 69.0
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Possession of weapons | Under investigation | On or near Fernbank Avenue |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Fernbank Avenue |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Fernbank Avenue |
Jul 2024 | Anti-social behaviour | On or near Coniston Avenue | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Coniston Avenue |