£298,616
This estimated value is based upon the latest sale price for the house of £64,000 on 20 Aug 1998. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£64,000 | 20 Aug 1998 |
Semi-Detached |
Freehold |
Floor Area: 135 sq meters or 1,453 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 August 1998 the House Price Index for LANCASHIRE was 31.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 366.588%.Applying this 366.588% change to the original purchase price of £64,000 results in an estimated price of approximately £298,616.
20 Aug 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.8 | 148.6 | 366.588 % | £64,000 | £234,616 | £298,616 |
The Postcode Pricing Model uses changes in average sales price within the FY5 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 | 176.131 % | £112,723 | £176,723 |
3 Month Average | 177.539 % | £113,624 | £177,624 |
6 Month Average | 202.009 % | £129,285 | £193,285 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £146,878 | £145,000 | 589 NORTH DRIVE |
11 Aug 2023 | £100,958 | £100,075 | 535 NORTH DRIVE |
6 Jun 2023 | £139,692 | £138,000 | 533 NORTH DRIVE |
23 Nov 2022 | £108,684 | £110,000 | 76 LEICESTER AVENUE |
27 Jun 2022 | £172,386 | £169,950 | 12 LINCOLN AVENUE |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 19 Jun 2020. Using an estimated price of £298,616 means this house is valued at £2,211 per sq meter (£205 per sq foot).
The average size of a house on WEST DRIVE is 121 sq meters (1,310 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Drugs | Local resolution | On or near North Drive |
Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near The Grove |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near The Grove |
Dec 2023 | Violence and sexual offences | Awaiting court outcome | On or near The Grove |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Durham Avenue |