£71,352
This estimated value is based upon the latest sale price for the house of £23,000 on 4 Feb 2002. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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21 Navigation Business Village, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YP
Phone: 02080332574
| Price Paid | Date |
|---|---|
| £23,000 | 4 Feb 2002 |
| £29,950 | 26 Jan 1995 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2002 the House Price Index for LANCASHIRE was 48.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 210.229%.Applying this 210.229% change to the original purchase price of £23,000 results in an estimated price of approximately £71,352.
| 4 Feb 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 48.3 | 149.7 | 210.229 % | £23,000 | £48,352 | £71,352 |
The Postcode Pricing Model uses changes in average sales price within the PR1 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 | 199.508 % | £45,886 | £68,886 |
| 3 Month Average | 223.622 % | £51,432 | £74,432 |
| 6 Month Average | 222.005 % | £51,061 | £74,061 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £71,627 | £70,000 | 23 THORN STREET |
| 9 Jun 2023 | £137,710 | £134,950 | 37 CROMPTON STREET |
| 24 Mar 2023 | £108,817 | £107,000 | 11 THORN STREET |
| 1 Mar 2023 | £79,325 | £78,000 | 21 CROMPTON STREET |
| 17 Jan 2023 | £70,188 | £70,000 | 64 RAIKES ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 9 Oct 2021. Using an estimated price of £71,353 means this house is valued at £1,019 per sq meter (£94 per sq foot).
The average size of a house on RIBBLETON LANE is 78 sq meters (844 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crompton Street |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crompton Street |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Crompton Street |