£226,913
This estimated value is based upon the latest sale price for the house of £224,000 on 22 Nov 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £224,000 | 22 Nov 2023 |
| £210,000 | 30 Apr 2020 |
| £192,500 | 19 Aug 2014 |
| £164,950 | 17 Oct 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 November 2023 the House Price Index for LANCASHIRE was 146.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.300%.Applying this 1.300% change to the original purchase price of £224,000 results in an estimated price of approximately £226,913.
| 22 Nov 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.0 | 1.300 % | £224,000 | £2,913 | £226,913 |
The Postcode Pricing Model uses changes in average sales price within the LA4 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 | 14.482 % | £32,440 | £256,440 |
| 3 Month Average | -10.559 % | £-23,652 | £200,347 |
| 6 Month Average | -14.406 % | £-32,269 | £191,730 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £226,913 | £224,000 | 2 ROSSENDALE AVENUE |
| 27 Apr 2023 | £110,824 | £110,000 | 16 ROSSENDALE AVENUE |
| 6 Mar 2023 | £114,117 | £113,500 | FLAT 6 12 ROSSENDALE AVENUE |
| 30 Jun 2022 | £179,823 | £178,000 | 4A VICTORIA PARADE |
| 1 Mar 2022 | £438,633 | £425,000 | 384 MARINE ROAD EAST |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 6 Mar 2014. Using an estimated price of £226,913 means this house is valued at £1,800 per sq meter (£167 per sq foot).
The average size of a house on ROSSENDALE AVENUE is 93 sq meters (1,001 sq feet).
This house is the largest in the street with a floor area of 126 sq meters (1,356 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rossendale Avenue |
| Apr 2024 | Anti-social behaviour | On or near Rossendale Avenue | |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Rossendale Avenue |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Rossendale Avenue |