£333,247
This estimated value is based upon the latest sale price for the house of £270,000 on 4 Jul 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £270,000 | 4 Jul 2018 |
| £250,500 | 28 Feb 2018 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 July 2018 the House Price Index for LANCASHIRE was 119.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.425%.Applying this 23.425% change to the original purchase price of £270,000 results in an estimated price of approximately £333,247.
| 4 Jul 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.0 | 23.425 % | £270,000 | £63,247 | £333,247 |
The Postcode Pricing Model uses changes in average sales price within the FY6 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 | -23.032 % | £-62,186 | £207,813 |
| 3 Month Average | 6.164 % | £16,643 | £286,643 |
| 6 Month Average | 20.572 % | £55,544 | £325,544 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £246,499 | £245,000 | 9 WOODLAND DRIVE |
| 21 Jul 2023 | £484,584 | £480,000 | 238 HARDHORN ROAD |
| 1 Jun 2022 | £383,891 | £380,000 | 205 HARDHORN ROAD |
| 14 Feb 2022 | £360,339 | £345,000 | 34 WOODLAND DRIVE |
| 3 Feb 2022 | £198,447 | £190,000 | 11 MILL HEY AVENUE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 13 Sep 2017. Using an estimated price of £333,248 means this house is valued at £2,923 per sq meter (£271 per sq foot).
The average size of a house on MILL HEY AVENUE is 101 sq meters (1,094 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Orchard Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Orchard Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Orchard Avenue | |
| Apr 2024 | Vehicle crime | Awaiting court outcome | On or near Coppins Green |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lowick Drive |