£148,268
This estimated value is based upon the latest sale price for the house of £145,000 on 15 Sep 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £145,000 | 15 Sep 2023 |
| £125,000 | 11 Mar 2003 |
| Semi-Detached |
| Freehold |
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 September 2023 the House Price Index for LANCASHIRE was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £145,000 results in an estimated price of approximately £148,268.
| 15 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £145,000 | £3,268 | £148,268 |
The Postcode Pricing Model uses changes in average sales price within the PR5 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 | -12.113 % | £-17,563 | £127,436 |
| 3 Month Average | 7.293 % | £10,574 | £155,574 |
| 6 Month Average | 5.172 % | £7,499 | £152,499 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £282,162 | £275,000 | 23 METHUEN AVENUE |
| 16 Oct 2023 | £225,113 | £220,000 | 9 METHUEN DRIVE |
| 15 Sep 2023 | £148,268 | £145,000 | 3 METHUEN AVENUE |
| 24 Mar 2023 | £237,186 | £233,225 | 221 HOGHTON LANE |
| 31 Oct 2022 | £229,229 | £229,995 | 32 METHUEN DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Methuen Close | |
| Sep 2024 | Anti-social behaviour | On or near Methuen Close | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Fox Lane |
| Jul 2024 | Criminal damage and arson | Local resolution | On or near Fox Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Manby Close |