£227,605
This estimated value is based upon the latest sale price for the house of £112,950 on 24 May 2004. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£112,950 | 24 May 2004 |
Terraced |
Leasehold |
Floor Area: 108 sq meters or 1,162 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 May 2004 the House Price Index for LANCASHIRE was 73.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 101.510%.Applying this 101.510% change to the original purchase price of £112,950 results in an estimated price of approximately £227,605.
24 May 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
73.7 | 148.6 | 101.510 % | £112,950 | £114,655 | £227,605 |
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 | 21.523 % | £24,310 | £137,260 |
3 Month Average | 33.733 % | £38,101 | £151,051 |
6 Month Average | 48.644 % | £54,943 | £167,893 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £252,234 | £248,500 | 6 SANDWELL AVENUE |
15 Sep 2023 | £245,641 | £242,500 | 52 BEARWOOD WAY |
8 Jul 2022 | £104,281 | £104,000 | 24 SANDWELL AVENUE |
13 May 2022 | £239,513 | £235,000 | 3 SANDWELL AVENUE |
28 Jan 2022 | £136,813 | £130,000 | 5 HILLYLAID ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 8 Feb 2018. Using an estimated price of £227,605 means this house is valued at £2,107 per sq meter (£195 per sq foot).
The average size of a house on SANDWELL AVENUE is 87 sq meters (943 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Sandwell Avenue |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandwell Avenue |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Sandwell Avenue |
Mar 2024 | Possession of weapons | Unable to prosecute suspect | On or near Hulme Avenue |
Jan 2024 | Anti-social behaviour | On or near Hulme Avenue |