£169,844
This estimated value is based upon the latest sale price for the house of £123,500 on 8 Feb 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £123,500 | 8 Feb 2016 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 February 2016 the House Price Index for LANCASHIRE was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £123,500 results in an estimated price of approximately £169,844.
| 8 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 149.7 | 37.526 % | £123,500 | £46,344 | £169,844 |
The Postcode Pricing Model uses changes in average sales price within the BB7 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 | 59.409 % | £73,370 | £196,870 |
| 3 Month Average | 16.683 % | £20,603 | £144,103 |
| 6 Month Average | 26.426 % | £32,635 | £156,135 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Apr 2024 | £176,533 | £175,000 | 41 MAYFIELD AVENUE |
| 4 Mar 2024 | £152,341 | £150,000 | 20 TALBOT CLOSE |
| 24 Nov 2023 | £153,907 | £150,000 | 21 TALBOT CLOSE |
| 1 Sep 2023 | £215,756 | £211,000 | 36 MAYFIELD AVENUE |
| 17 Mar 2023 | £183,057 | £180,000 | 6 MAYFIELD AVENUE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 28 Oct 2015. Using an estimated price of £169,844 means this house is valued at £2,021 per sq meter (£187 per sq foot).
The average size of a house on MAYFIELD AVENUE is 104 sq meters (1,119 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mayfield Avenue |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mayfield Avenue |
| Jul 2024 | Anti-social behaviour | On or near Mayfield Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Mayfield Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Mayfield Avenue |