£224,498
This estimated value is based upon the latest sale price for the house of £220,000 on 2 Jun 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£220,000 | 2 Jun 2023 |
£16,000 | 8 Sep 1997 |
Semi-Detached |
Freehold |
Floor Area: 78 sq meters or 839 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 June 2023 the House Price Index for LANCASHIRE was 146.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.045%.Applying this 2.045% change to the original purchase price of £220,000 results in an estimated price of approximately £224,498.
2 Jun 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.7 | 149.7 | 2.045 % | £220,000 | £4,498 | £224,498 |
The Postcode Pricing Model uses changes in average sales price within the OL13 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 | -25.610 % | £-56,340 | £163,659 |
3 Month Average | 6.713 % | £14,768 | £234,768 |
6 Month Average | -0.419 % | £-921 | £219,078 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £1,462,702 | £1,450,000 | UNIT 1 PIPPIN BANK |
2 Oct 2023 | £163,718 | £160,000 | 129 NEWCHURCH ROAD |
2 Jun 2023 | £224,499 | £220,000 | 25 ROCKCLIFFE AVENUE |
24 Jun 2022 | £214,587 | £210,000 | 81 BANKSIDE LANE |
6 Jun 2022 | £439,392 | £430,000 | 107 BANKSIDE LANE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 24 Feb 2015. Using an estimated price of £224,499 means this house is valued at £2,878 per sq meter (£267 per sq foot).
The average size of a house on ROCKCLIFFE AVENUE is 97 sq meters (1,046 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Anti-social behaviour | On or near Rockcliffe Avenue | |
Sep 2024 | Anti-social behaviour | On or near Rockcliffe Avenue | |
Aug 2024 | Anti-social behaviour | On or near Rockcliffe Avenue | |
Aug 2024 | Anti-social behaviour | On or near Rockcliffe Avenue | |
Aug 2024 | Anti-social behaviour | On or near Rockcliffe Avenue |