£135,854
This estimated value is based upon the latest sale price for the house of £117,500 on 21 Dec 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£117,500 | 21 Dec 2020 |
£94,950 | 16 Dec 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 635 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 December 2020 the House Price Index for LANCASHIRE was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £117,500 results in an estimated price of approximately £135,854.
21 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £117,500 | £18,354 | £135,854 |
The Postcode Pricing Model uses changes in average sales price within the LA1 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 | -18.519 % | £-21,760 | £95,739 |
3 Month Average | 17.606 % | £20,686 | £138,186 |
6 Month Average | 10.986 % | £12,909 | £130,409 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Oct 2023 | £532,085 | £520,000 | 14 STANDEN PARK HOUSE |
12 Jan 2023 | £100,218 | £99,950 | 38 THE COLONNADE |
24 Jun 2022 | £216,631 | £212,000 | 66 THE COLONNADE |
14 Jun 2022 | £388,300 | £380,000 | 3 THE PIAZZA |
7 Apr 2022 | £518,711 | £500,000 | 3 STANDEN PARK HOUSE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 13 Mar 2019. Using an estimated price of £135,855 means this house is valued at £2,302 per sq meter (£213 per sq foot).
The average size of a house on THE COLONNADE is 70 sq meters (757 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Redwood Heights |
May 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Redwood Heights |
May 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Redwood Heights |
Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Redwood Heights |
Apr 2024 | Anti-social behaviour | On or near Redwood Heights |