£386,442
This estimated value is based upon the latest sale price for the house of £277,500 on 27 Nov 2015. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £277,500 | 27 Nov 2015 |
| £117,000 | 8 Dec 1999 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 2015 the House Price Index for LANCASHIRE was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £277,500 results in an estimated price of approximately £386,442.
| 27 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £277,500 | £108,942 | £386,442 |
The Postcode Pricing Model uses changes in average sales price within the FY5 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 | 21.174 % | £58,759 | £336,259 |
| 3 Month Average | 16.856 % | £46,776 | £324,276 |
| 6 Month Average | 34.730 % | £96,376 | £373,876 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £110,638 | £109,000 | 4 WILLOWS AVENUE |
| 14 Sep 2023 | £159,033 | £157,000 | 29 MEADOWCROFT AVENUE |
| 8 Jun 2023 | £220,673 | £218,000 | 35 BIRCH AVENUE |
| 20 May 2022 | £270,089 | £265,000 | 222 VICTORIA ROAD WEST |
| 14 Apr 2022 | £144,172 | £140,000 | 18 MEADOWCROFT AVENUE |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 23 Aug 2013. Using an estimated price of £386,442 means this house is valued at £3,419 per sq meter (£317 per sq foot).
The average size of a house on VICTORIA ROAD WEST is 131 sq meters (1,418 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Meadowcroft Avenue |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Meadowcroft Avenue |
| Dec 2023 | Anti-social behaviour | On or near Willows Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Willows Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Willows Avenue |