£499,371
This estimated value is based upon the latest sale price for the house of £400,000 on 24 Jul 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£400,000 | 24 Jul 2018 |
£154,000 | 29 Oct 1997 |
£132,000 | 24 Oct 1996 |
Detached |
Freehold |
Floor Area: 199 sq meters or 2,142 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 July 2018 the House Price Index for LANCASHIRE was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £400,000 results in an estimated price of approximately £499,371.
24 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.9 | 149.7 | 24.843 % | £400,000 | £99,371 | £499,371 |
The Postcode Pricing Model uses changes in average sales price within the BB7 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 | 60.255 % | £241,019 | £641,019 |
3 Month Average | 42.319 % | £169,275 | £569,275 |
6 Month Average | 36.906 % | £147,624 | £547,624 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £288,877 | £280,000 | 6 LEGION CLOSE |
26 Oct 2023 | £409,245 | £399,950 | 9 PAGEFIELD CRESCENT |
1 Sep 2023 | £296,537 | £290,000 | 12 HIGHER STANDEN DRIVE |
18 Aug 2023 | £305,459 | £299,950 | 14 HIGHER STANDEN DRIVE |
20 Jul 2022 | £500,010 | £495,000 | 1 DYKE NOOK |
This house has a floor area of 199 sq meters or 2,142 sq feet when measured on 16 Apr 2016. Using an estimated price of £499,371 means this house is valued at £2,509 per sq meter (£233 per sq foot).
The average size of a house on GILLS CROFT is 152 sq meters (1,639 sq feet).
This house is the largest in the street with a floor area of 199 sq meters (2,142 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Legion Close |
Oct 2024 | Vehicle crime | Unable to prosecute suspect | On or near Roman Road Crescent |
Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Roman Road Crescent |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Roman Road Crescent |
Aug 2024 | Burglary | Under investigation | On or near Roman Road Crescent |