£172,436
This estimated value is based upon the latest sale price for the house of £140,000 on 3 Apr 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £140,000 | 3 Apr 2019 |
| £136,000 | 21 Oct 2008 |
| £118,000 | 28 Oct 2005 |
| £62,500 | 29 Jul 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 April 2019 the House Price Index for LANCASHIRE was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.169%.Applying this 23.169% change to the original purchase price of £140,000 results in an estimated price of approximately £172,436.
| 3 Apr 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.169 % | £140,000 | £32,436 | £172,436 |
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 | 27.016 % | £37,822 | £177,822 |
| 3 Month Average | 9.759 % | £13,662 | £153,662 |
| 6 Month Average | 19.617 % | £27,463 | £167,463 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £180,610 | £180,000 | 6 WEMBLEY AVENUE |
| 28 Jul 2023 | £230,177 | £228,000 | 18 WEMBLEY AVENUE |
| 10 Jul 2023 | £141,337 | £140,000 | 21 HAYFIELD AVENUE |
| 31 Mar 2023 | £150,815 | £150,000 | 25 WEMBLEY AVENUE |
| 25 Mar 2022 | £361,227 | £350,000 | 3 WEMBLEY AVENUE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 30 Mar 2019. Using an estimated price of £172,436 means this house is valued at £2,394 per sq meter (£222 per sq foot).
The average size of a house on FIRST AVENUE is 86 sq meters (933 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Unable to prosecute suspect | On or near First Avenue |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near First Avenue |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Regents Terrace |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Wembley Avenue |