£444,998
This estimated value is based upon the latest sale price for the house of £275,000 on 20 Apr 2007. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There has been one burglary within the last year on or near Martinfields
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| Price Paid | Date |
|---|---|
| £275,000 | 20 Apr 2007 |
| Detached |
| Freehold |
| Floor Area: 155 sq meters or 1,668 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 April 2007 the House Price Index for LANCASHIRE was 92.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 61.818%.Applying this 61.818% change to the original purchase price of £275,000 results in an estimated price of approximately £444,998.
| 20 Apr 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 92.5 | 149.7 | 61.818 % | £275,000 | £169,998 | £444,998 |
The Postcode Pricing Model uses changes in average sales price within the BB10 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 | -7.773 % | £-21,376 | £253,623 |
| 3 Month Average | 39.499 % | £108,622 | £383,622 |
| 6 Month Average | 32.481 % | £89,323 | £364,323 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £259,989 | £252,000 | 27 MEADOW CLOSE |
| 10 Nov 2023 | £302,683 | £295,000 | 62 REEDLEY DRIVE |
| 14 Aug 2023 | £330,969 | £325,000 | 49 REEDLEY DRIVE |
| 24 Nov 2022 | £223,953 | £225,000 | 16 RAVENS GROVE |
| 2 Mar 2022 | £159,721 | £152,999 | 79 REEDLEY ROAD |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 29 Mar 2016. Using an estimated price of £444,999 means this house is valued at £2,870 per sq meter (£266 per sq foot).
The average size of a house on MEADOW CLOSE is 117 sq meters (1,264 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Martinfields |
| Jul 2024 | Anti-social behaviour | On or near Martinfields | |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Martinfields |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Martinfields |
| Jul 2024 | Vehicle crime | Under investigation | On or near Reedley Road |