£284,048
This estimated value is based upon the latest sale price for the house of £214,000 on 14 Nov 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £214,000 | 14 Nov 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 2016 the House Price Index for LANCASHIRE was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £214,000 results in an estimated price of approximately £284,048.
| 14 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £214,000 | £70,048 | £284,048 |
The Postcode Pricing Model uses changes in average sales price within the FY8 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 | 26.663 % | £57,058 | £271,058 |
| 3 Month Average | 24.189 % | £51,763 | £265,763 |
| 6 Month Average | 20.607 % | £44,098 | £258,098 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2024 | £284,369 | £280,000 | 40 TEWKESBURY DRIVE |
| 16 Oct 2023 | £266,042 | £260,000 | 31 TEWKESBURY DRIVE |
| 10 Aug 2023 | £386,980 | £380,000 | 6 BREDON CLOSE |
| 28 Sep 2021 | £293,049 | £269,950 | 33 TEWKESBURY DRIVE |
| 10 Sep 2021 | £303,959 | £280,000 | 9 BREDON CLOSE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 8 Aug 2015. Using an estimated price of £284,048 means this house is valued at £2,469 per sq meter (£229 per sq foot).
The average size of a house on TEWKESBURY DRIVE is 133 sq meters (1,440 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Howgill Way | |
| Jul 2024 | Anti-social behaviour | On or near Howgill Way | |
| Jul 2024 | Anti-social behaviour | On or near Howgill Way | |
| Jul 2024 | Other theft | Unable to prosecute suspect | On or near Cheltenham Crescent |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Meadow Lane |