£99,274
This estimated value is based upon the latest sale price for the house of £85,000 on 10 Nov 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £85,000 | 10 Nov 2020 |
| £47,950 | 18 Oct 2002 |
| £35,000 | 14 Nov 1997 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 795 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 2020 the House Price Index for LANCASHIRE was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £85,000 results in an estimated price of approximately £99,274.
| 10 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £85,000 | £14,274 | £99,274 |
The Postcode Pricing Model uses changes in average sales price within the BB18 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 | -9.573 % | £-8,136 | £76,863 |
| 3 Month Average | 8.341 % | £7,089 | £92,089 |
| 6 Month Average | 16.909 % | £14,372 | £99,372 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jun 2024 | £70,500 | £70,500 | 21 LOWER WEST AVENUE |
| 30 Nov 2023 | £121,073 | £118,000 | 13 LOWER WEST AVENUE |
| 17 Aug 2023 | £101,786 | £99,950 | 7 LOWER EAST AVENUE |
| 8 Jun 2023 | £86,738 | £85,000 | 33 LOWER EAST AVENUE |
| 8 Jun 2023 | £95,922 | £94,000 | 36 LOWER WEST AVENUE |
This house has a floor area of 73 sq meters or 795 sq feet when measured on 3 Mar 2011. Using an estimated price of £99,275 means this house is valued at £1,343 per sq meter (£124 per sq foot).
The average size of a house on LOWER EAST AVENUE is 65 sq meters (700 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Lower East Avenue |
| Jun 2024 | Anti-social behaviour | On or near Lower North Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Lower North Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Lower North Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Lower North Avenue |