£282,951
This estimated value is based upon the latest sale price for the house of £153,000 on 20 May 2005. 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 Burns Drive
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| Price Paid | Date |
|---|---|
| £153,000 | 20 May 2005 |
| £66,000 | 30 May 1997 |
| Semi-Detached |
| Leasehold |
| Floor Area: 112 sq meters or 1,205 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 May 2005 the House Price Index for LANCASHIRE was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.936%.Applying this 84.936% change to the original purchase price of £153,000 results in an estimated price of approximately £282,951.
| 20 May 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 148.6 | 84.936 % | £153,000 | £129,951 | £282,951 |
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 | 105.713 % | £161,740 | £314,740 |
| 3 Month Average | 57.658 % | £88,217 | £241,217 |
| 6 Month Average | 72.632 % | £111,127 | £264,127 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £182,207 | £180,000 | 15 TINTERN CLOSE |
| 3 Mar 2023 | £188,779 | £187,000 | 30 SOUTHWOOD DRIVE |
| 12 Jan 2023 | £154,273 | £155,000 | 13 TINTERN CLOSE |
| 25 Nov 2022 | £192,666 | £195,000 | 26 MARLOWE AVENUE |
| 17 Dec 2021 | £214,275 | £200,000 | 8 CHATTERTON DRIVE |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 11 Sep 2015. Using an estimated price of £282,952 means this house is valued at £2,526 per sq meter (£234 per sq foot).
The average size of a house on MARLOWE AVENUE is 104 sq meters (1,121 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Burns Drive |
| Mar 2024 | Vehicle crime | Under investigation | On or near Byron Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Shelley Drive |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Shelley Drive |
| Jan 2024 | Anti-social behaviour | On or near Coleridge Drive |