£185,218
This estimated value is based upon the latest sale price for the house of £170,000 on 12 Nov 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £170,000 | 12 Nov 2021 |
| £151,500 | 31 Oct 2018 |
| £163,995 | 25 Nov 2016 |
| Semi-Detached |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 November 2021 the House Price Index for LANCASHIRE was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £170,000 results in an estimated price of approximately £185,218.
| 12 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £170,000 | £15,218 | £185,218 |
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 | 65.387 % | £111,157 | £281,157 |
| 3 Month Average | 22.286 % | £37,885 | £207,885 |
| 6 Month Average | 6.757 % | £11,487 | £181,487 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Aug 2022 | £266,245 | £265,000 | 19 MARY WAY |
| 10 Jun 2022 | £219,696 | £215,000 | 18 EDWARD DRIVE |
| 6 Dec 2021 | £296,810 | £275,000 | 2 MARY WAY |
| 12 Nov 2021 | £185,218 | £170,000 | 46 EDWARD DRIVE |
| 4 Oct 2021 | £334,401 | £300,000 | 2 HENRY PLACE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 11 Nov 2016. Using an estimated price of £185,218 means this house is valued at £2,939 per sq meter (£273 per sq foot).
The average size of a house on EDWARD DRIVE is 87 sq meters (943 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Anne Close |
| Oct 2024 | Anti-social behaviour | On or near Mary Way | |
| Aug 2024 | Anti-social behaviour | On or near Henry Place | |
| Aug 2024 | Anti-social behaviour | On or near Henry Place | |
| Aug 2024 | Anti-social behaviour | On or near Henry Place |