£223,535
This estimated value is based upon the latest sale price for the house of £139,950 on 21 Jan 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £139,950 | 21 Jan 2014 |
| £87,250 | 23 Aug 2002 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 January 2014 the House Price Index for LANCASHIRE was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £139,950 results in an estimated price of approximately £223,535.
| 21 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £139,950 | £83,585 | £223,535 |
The Postcode Pricing Model uses changes in average sales price within the BB10 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 | -22.759 % | £-31,850 | £108,099 |
| 3 Month Average | 9.885 % | £13,833 | £153,783 |
| 6 Month Average | 32.273 % | £45,166 | £185,116 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £222,849 | £220,000 | 7 FELL VIEW |
| 23 Aug 2023 | £189,659 | £188,000 | 50 RED SPAR ROAD |
| 14 Jul 2023 | £223,001 | £220,000 | 41 RED SPAR ROAD |
| 8 Apr 2022 | £188,453 | £183,000 | 100 RED SPAR ROAD |
| 24 Mar 2022 | £196,890 | £190,000 | 65 RED SPAR ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 20 Aug 2012. Using an estimated price of £223,536 means this house is valued at £2,304 per sq meter (£214 per sq foot).
The average size of a house on OAKWOOD CLOSE is 100 sq meters (1,086 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Fell View | |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Fell View |