£106,027
This estimated value is based upon the latest sale price for the house of £44,950 on 9 Jun 2003. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £44,950 | 9 Jun 2003 |
| £29,450 | 31 Mar 2000 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 June 2003 the House Price Index for LANCASHIRE was 63.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 135.879%.Applying this 135.879% change to the original purchase price of £44,950 results in an estimated price of approximately £106,027.
| 9 Jun 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 63.0 | 148.6 | 135.879 % | £44,950 | £61,077 | £106,027 |
The Postcode Pricing Model uses changes in average sales price within the BB18 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 | 175.538 % | £78,904 | £123,854 |
| 3 Month Average | 140.044 % | £62,949 | £107,899 |
| 6 Month Average | 171.262 % | £76,982 | £121,932 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £142,493 | £140,000 | 16 AVON DRIVE |
| 14 Jul 2023 | £154,074 | £152,000 | 5 AVON DRIVE |
| 19 Jun 2023 | £151,839 | £150,000 | 41 AVON DRIVE |
| 27 Apr 2023 | £146,578 | £145,000 | 43 AVON DRIVE |
| 24 Mar 2023 | £302,853 | £300,000 | 4 EASTWOOD TERRACE |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 3 Jun 2021. Using an estimated price of £106,028 means this house is valued at £1,631 per sq meter (£151 per sq foot).
The average size of a house on AVON DRIVE is 76 sq meters (818 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Avon Drive |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Avon Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Avon Drive |
| Mar 2024 | Vehicle crime | Under investigation | On or near Eastwood Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Eastwood Street |