£486,681
This estimated value is based upon the latest sale price for the house of £450,000 on 25 Nov 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £450,000 | 25 Nov 2021 |
| £186,500 | 11 Jun 1999 |
| Detached |
| Freehold |
| Floor Area: 180 sq meters or 1,937 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 November 2021 the House Price Index for LANCASHIRE was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £450,000 results in an estimated price of approximately £486,681.
| 25 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £450,000 | £36,681 | £486,681 |
The Postcode Pricing Model uses changes in average sales price within the BB7 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 | 19.670 % | £88,513 | £538,513 |
| 3 Month Average | 18.277 % | £82,245 | £532,245 |
| 6 Month Average | -1.513 % | £-6,809 | £443,190 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £284,986 | £280,000 | 6 LEGION CLOSE |
| 18 Aug 2023 | £408,574 | £405,000 | 12 LINDEN DRIVE |
| 24 Jul 2023 | £319,297 | £315,000 | 11 PAGEFIELD CRESCENT |
| 24 Jul 2023 | £516,958 | £510,000 | 19 GILLS CROFT |
| 15 Jun 2023 | £440,334 | £435,000 | 9 HEREFORD DRIVE |
This house has a floor area of 180 sq meters or 1,937 sq feet when measured on 3 Sep 2021. Using an estimated price of £486,681 means this house is valued at £2,703 per sq meter (£251 per sq foot).
The average size of a house on SHAYS DRIVE is 204 sq meters (2,196 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Hereford Drive | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brett Close |
| Feb 2024 | Drugs | Under investigation | On or near Brett Close |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brett Close |
| Jan 2024 | Anti-social behaviour | On or near Brett Close |