£55,127
This estimated value is based upon the latest sale price for the house of £31,350 on 8 May 2006. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £31,350 | 8 May 2006 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 May 2006 the House Price Index for LANCASHIRE was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.844%.Applying this 75.844% change to the original purchase price of £31,350 results in an estimated price of approximately £55,127.
| 8 May 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 149.7 | 75.844 % | £31,350 | £23,777 | £55,127 |
The Postcode Pricing Model uses changes in average sales price within the BB5 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 | 56.325 % | £17,657 | £49,007 |
| 3 Month Average | 55.844 % | £17,507 | £48,857 |
| 6 Month Average | 57.535 % | £18,037 | £49,387 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £90,000 | £90,000 | 49 WORDSWORTH ROAD |
| 24 Apr 2024 | £143,244 | £142,000 | 6 LINDADALE AVENUE |
| 6 Dec 2023 | £98,012 | £95,000 | 248 WILLOWS LANE |
| 8 Sep 2023 | £80,781 | £79,000 | 31 DUNNYSHOP AVENUE |
| 4 Aug 2023 | £178,214 | £175,000 | 43 LINDADALE AVENUE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 4 Jul 2014. Using an estimated price of £55,127 means this house is valued at £776 per sq meter (£72 per sq foot).
The average size of a house on FERN GORE AVENUE is 89 sq meters (961 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fairclough Road |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Fairclough Road |