£154,415
This estimated value is based upon the latest sale price for the house of £90,000 on 17 Aug 2012. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £90,000 | 17 Aug 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 835 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 2012 the House Price Index for LANCASHIRE was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.573%.Applying this 71.573% change to the original purchase price of £90,000 results in an estimated price of approximately £154,415.
| 17 Aug 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.573 % | £90,000 | £64,415 | £154,415 |
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 | 40.704 % | £36,633 | £126,633 |
| 3 Month Average | 41.499 % | £37,348 | £127,348 |
| 6 Month Average | 32.016 % | £28,814 | £118,814 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £130,000 | £130,000 | 1 CONWAY AVENUE |
| 30 Nov 2023 | £235,990 | £230,000 | 2 FAIRFIELD AVENUE |
| 9 Oct 2023 | £11,767 | £11,500 | GARAGE ADJOINING, 2 FAIRFIELD AVENUE |
| 7 Aug 2023 | £224,041 | £220,000 | 6 NEWTON DRIVE EAST |
| 24 Mar 2023 | £157,632 | £155,000 | 14 RAVENSWOOD AVENUE |
This house has a floor area of 77 sq meters or 835 sq feet when measured on 28 Feb 2012. Using an estimated price of £154,416 means this house is valued at £1,989 per sq meter (£184 per sq foot).
The average size of a house on CONWAY AVENUE is 86 sq meters (929 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Conway Avenue | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Raven'S Close |
| Sep 2024 | Other theft | Under investigation | On or near Raven'S Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ravenswood Avenue |
| Oct 2024 | Anti-social behaviour | On or near Fairfield Avenue |