£199,976
This estimated value is based upon the latest sale price for the house of £166,777 on 28 Aug 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£166,777 | 28 Aug 2020 |
£87,000 | 27 Apr 2012 |
Semi-Detached |
Freehold |
Floor Area: 71 sq meters or 768 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 2020 the House Price Index for LANCASHIRE was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £166,777 results in an estimated price of approximately £199,976.
28 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 148.6 | 19.907 % | £166,777 | £33,199 | £199,976 |
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 | 15.619 % | £26,049 | £192,826 |
3 Month Average | 9.541 % | £15,912 | £182,689 |
6 Month Average | 7.614 % | £12,698 | £179,475 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £157,251 | £154,500 | 58 RAVENSWOOD AVENUE |
20 Dec 2023 | £157,760 | £155,000 | 58 LEDBURY ROAD |
30 Nov 2023 | £233,456 | £230,000 | 2 FAIRFIELD AVENUE |
28 Apr 2023 | £127,371 | £126,000 | 4 MORESBY AVENUE |
5 Aug 2022 | £149,597 | £150,000 | 26 LEDBURY ROAD |
This house has a floor area of 71 sq meters or 768 sq feet when measured on 23 Jun 2011. Using an estimated price of £199,977 means this house is valued at £2,800 per sq meter (£260 per sq foot).
The average size of a house on RAVENSWOOD AVENUE is 99 sq meters (1,071 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Anti-social behaviour | On or near Fairfield Avenue | |
Dec 2023 | Anti-social behaviour | On or near Fairfield Avenue | |
Dec 2023 | Anti-social behaviour | On or near Fairfield Avenue | |
Dec 2023 | Anti-social behaviour | On or near Fairfield Avenue | |
Mar 2024 | Anti-social behaviour | On or near Normoss Avenue |