£113,138
This estimated value is based upon the latest sale price for the house of £60,000 on 14 Dec 2004. 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 Richmond Road
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| Price Paid | Date |
|---|---|
| £60,000 | 14 Dec 2004 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 December 2004 the House Price Index for LANCASHIRE was 78.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.564%.Applying this 88.564% change to the original purchase price of £60,000 results in an estimated price of approximately £113,138.
| 14 Dec 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.8 | 148.6 | 88.564 % | £60,000 | £53,138 | £113,138 |
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 | 141.632 % | £84,979 | £144,979 |
| 3 Month Average | 82.093 % | £49,256 | £109,256 |
| 6 Month Average | 88.806 % | £53,283 | £113,283 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £88,735 | £87,600 | 101 RAWSON AVENUE |
| 5 Jul 2023 | £59,805 | £59,000 | 79 RAWSON AVENUE |
| 24 Oct 2022 | £148,402 | £150,000 | 235 RICHMOND ROAD |
| 12 Aug 2022 | £82,777 | £83,000 | 162 EXCHANGE STREET |
| 14 Jul 2022 | £1,509,498 | £1,505,435 | 11 REETH WAY |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 10 Dec 2015. Using an estimated price of £113,138 means this house is valued at £1,229 per sq meter (£114 per sq foot).
The average size of a house on ARNCLIFFE AVENUE is 101 sq meters (1,097 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Richmond Road |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Richmond Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Richmond Road |
| Jan 2024 | Anti-social behaviour | On or near Richmond Road | |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Richmond Road |