£199,105
This estimated value is based upon the latest sale price for the house of £160,000 on 28 Feb 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £160,000 | 28 Feb 2019 |
| £174,000 | 11 Apr 2007 |
| Semi-Detached |
| Leasehold |
| Floor Area: 94 sq meters or 1,011 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 February 2019 the House Price Index for LANCASHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £160,000 results in an estimated price of approximately £199,105.
| 28 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £160,000 | £39,105 | £199,105 |
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 | 46.428 % | £74,284 | £234,284 |
| 3 Month Average | 47.487 % | £75,979 | £235,979 |
| 6 Month Average | 57.811 % | £92,496 | £252,496 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £183,127 | £177,500 | 21 PINEWOOD DRIVE |
| 7 Aug 2023 | £173,122 | £170,000 | 39 PINEWOOD DRIVE |
| 17 Mar 2023 | £187,125 | £184,000 | 11 LIMEWOOD CLOSE |
| 13 May 2022 | £118,076 | £115,000 | 226 AVENUE PARADE |
| 23 Mar 2022 | £125,272 | £120,000 | 28 PINEWOOD DRIVE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 24 Aug 2018. Using an estimated price of £199,106 means this house is valued at £2,118 per sq meter (£196 per sq foot).
The average size of a house on PINEWOOD DRIVE is 82 sq meters (884 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elmwood Close |
| Apr 2024 | Anti-social behaviour | On or near Elmwood Close | |
| Apr 2024 | Anti-social behaviour | On or near Elmwood Close | |
| Apr 2024 | Anti-social behaviour | On or near Elmwood Close | |
| Apr 2024 | Anti-social behaviour | On or near Elmwood Close |