£82,059
This estimated value is based upon the latest sale price for the house of £65,000 on 8 Mar 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £65,000 | 8 Mar 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 63 sq meters or 680 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 March 2018 the House Price Index for LANCASHIRE was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £65,000 results in an estimated price of approximately £82,059.
| 8 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £65,000 | £17,059 | £82,059 |
The Postcode Pricing Model uses changes in average sales price within the BB11 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 | 54.087 % | £35,156 | £100,156 |
| 3 Month Average | 48.372 % | £31,441 | £96,441 |
| 6 Month Average | 32.703 % | £21,256 | £86,256 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £64,997 | £63,000 | 65 HAROLD AVENUE |
| 18 Oct 2023 | £51,162 | £50,000 | 167 COG LANE |
| 21 Aug 2023 | £82,488 | £81,000 | 28 CORNEL GROVE |
| 18 Aug 2023 | £45,317 | £44,500 | 219 COG LANE |
| 20 Mar 2023 | £91,529 | £90,000 | 101 HAROLD AVENUE |
This house has a floor area of 63 sq meters or 680 sq feet when measured on 8 Dec 2010. Using an estimated price of £82,059 means this house is valued at £1,297 per sq meter (£120 per sq foot).
The average size of a house on VENICE AVENUE is 80 sq meters (870 sq feet).
This house is the smallest in the street with a floor area of 63 sq meters (680 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Venice Avenue |
| Oct 2024 | Anti-social behaviour | On or near Venice Avenue | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Venice Avenue |
| Aug 2024 | Other crime | Unable to prosecute suspect | On or near Venice Avenue |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Venice Avenue |