£2,222
This estimated value is based upon the latest sale price for the house of £2,000 on 24 Aug 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £2,000 | 24 Aug 2021 |
| £120,000 | 12 Feb 2016 |
| Freehold |
| Floor Area: 51 sq meters or 548 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 August 2021 the House Price Index for LANCASHIRE was 133.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 11.111%.Applying this 11.111% change to the original purchase price of £2,000 results in an estimated price of approximately £2,222.
| 24 Aug 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.0 | 11.111 % | £2,000 | £222 | £2,222 |
The Postcode Pricing Model uses changes in average sales price within the FY6 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 | -22.302 % | £-446 | £1,553 |
| 3 Month Average | -12.196 % | £-243 | £1,756 |
| 6 Month Average | -4.503 % | £-90 | £1,909 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £176,574 | £175,500 | 21 WINCHESTER DRIVE |
| 20 Jul 2023 | £176,671 | £175,000 | 3 WENDOVER ROAD |
| 23 Jun 2023 | £247,003 | £245,000 | 6 WINCHESTER DRIVE |
| 19 Jun 2023 | £241,962 | £240,000 | 89 BISPHAM ROAD |
| 15 Feb 2023 | £136,853 | £137,500 | 40 WINCHESTER DRIVE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 22 Jun 2015. Using an estimated price of £2,222 means this house is valued at £43 per sq meter (£4 per sq foot).
The average size of a house on WENDOVER ROAD is 76 sq meters (819 sq feet).
This house is the smallest in the street with a floor area of 51 sq meters (548 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wendover Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Bispham Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Bispham Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hawthorne Grove |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hawthorne Grove |