£144,253
This estimated value is based upon the latest sale price for the house of £137,555 on 25 Feb 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £137,555 | 25 Feb 2022 |
| £102,000 | 14 Jun 2018 |
| £102,250 | 21 Sep 2015 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 February 2022 the House Price Index for LANCASHIRE was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £137,555 results in an estimated price of approximately £144,253.
| 25 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £137,555 | £6,698 | £144,253 |
The Postcode Pricing Model uses changes in average sales price within the FY3 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 | 18.667 % | £25,676 | £163,231 |
| 3 Month Average | -16.969 % | £-23,341 | £114,213 |
| 6 Month Average | -1.619 % | £-2,227 | £135,327 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £221,942 | £220,000 | 6 NEWTON DRIVE EAST |
| 4 Aug 2023 | £161,412 | £160,000 | 185 NORMOSS ROAD |
| 24 Mar 2023 | £156,474 | £155,000 | 14 RAVENSWOOD AVENUE |
| 30 Nov 2022 | £113,624 | £115,000 | 3 PERSHORE GARDENS |
| 1 Sep 2022 | £130,447 | £131,500 | 15 RAVENS CLOSE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 7 May 2015. Using an estimated price of £144,253 means this house is valued at £1,457 per sq meter (£135 per sq foot).
The average size of a house on RAVENS CLOSE is 91 sq meters (990 sq feet).
This house is the largest in the street with a floor area of 99 sq meters (1,065 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Raven'S Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Raven'S Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Raven'S Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Conway Avenue |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Conway Avenue |