£259,897
This estimated value is based upon the latest sale price for the house of £255,000 on 12 May 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£255,000 | 12 May 2022 |
£220,000 | 19 Aug 2020 |
Detached |
Leasehold |
Floor Area: 109 sq meters or 1,173 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 May 2022 the House Price Index for LANCASHIRE was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £255,000 results in an estimated price of approximately £259,897.
12 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 148.6 | 1.920 % | £255,000 | £4,897 | £259,897 |
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 | 80.809 % | £206,063 | £461,063 |
3 Month Average | -5.052 % | £-12,882 | £242,117 |
6 Month Average | -0.860 % | £-2,192 | £252,807 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £123,628 | £122,130 | 45 OAKWOOD ROAD |
3 Apr 2023 | £232,503 | £230,000 | 34 WOODFIELD AVENUE |
25 Jan 2023 | £134,367 | £135,000 | 56 OAKWOOD ROAD |
6 Jan 2023 | £248,778 | £249,950 | 36 WOODFIELD AVENUE |
25 Nov 2022 | £160,555 | £162,500 | 49 OAKWOOD ROAD |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 10 Jun 2020. Using an estimated price of £259,897 means this house is valued at £2,384 per sq meter (£221 per sq foot).
The average size of a house on WOODFIELD AVENUE is 130 sq meters (1,401 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Haworth Avenue |
Feb 2024 | Anti-social behaviour | On or near Airey Street | |
Feb 2024 | Anti-social behaviour | On or near Airey Street | |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Airey Street |
Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near Airey Street |