£80,624
This estimated value is based upon the latest sale price for the house of £74,000 on 11 Nov 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £74,000 | 11 Nov 2021 |
| £74,000 | 18 Jul 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 November 2021 the House Price Index for LANCASHIRE was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £74,000 results in an estimated price of approximately £80,624.
| 11 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £74,000 | £6,624 | £80,624 |
The Postcode Pricing Model uses changes in average sales price within the FY8 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 | -26.588 % | £-19,675 | £54,324 |
| 3 Month Average | 4.879 % | £3,610 | £77,610 |
| 6 Month Average | -8.280 % | £-6,127 | £67,872 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £401,163 | £395,000 | 12 LIGHTBURNE AVENUE |
| 3 Nov 2023 | £328,334 | £320,000 | 33 RILEY AVENUE |
| 7 Sep 2022 | £64,957 | £65,000 | 65 LIGHTBURNE AVENUE |
| 11 Mar 2022 | £511,527 | £490,000 | 2 RILEY AVENUE |
| 6 Dec 2021 | £125,739 | £116,500 | FLAT 2 16A RILEY AVENUE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 4 Mar 2014. Using an estimated price of £80,624 means this house is valued at £1,791 per sq meter (£166 per sq foot).
The average size of a house on RILEY AVENUE is 151 sq meters (1,632 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Riley Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Riley Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Riley Avenue | |
| Oct 2024 | Anti-social behaviour | On or near Lightburne Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Lightburne Avenue |