£292,632
This estimated value is based upon the latest sale price for the house of £217,500 on 10 Jun 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£217,500 | 10 Jun 2016 |
£130,995 | 22 Mar 2002 |
Detached |
Freehold |
Floor Area: 122 sq meters or 1,313 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 June 2016 the House Price Index for LANCASHIRE was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £217,500 results in an estimated price of approximately £292,632.
10 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 149.7 | 34.544 % | £217,500 | £75,132 | £292,632 |
The Postcode Pricing Model uses changes in average sales price within the BB4 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 | 8.749 % | £19,029 | £236,529 |
3 Month Average | 20.077 % | £43,668 | £261,168 |
6 Month Average | 33.803 % | £73,521 | £291,021 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Apr 2024 | £251,181 | £249,000 | 5 CROFTERS BANK |
17 Nov 2023 | £215,469 | £210,000 | 5 HAPTON WAY |
30 Jun 2023 | £377,566 | £370,000 | 6 FAIRBANK WALK |
27 Feb 2023 | £4,027 | £4,000 | 12 THIRLMERE WAY |
16 May 2022 | £277,222 | £270,000 | 8 GREENFOLD DRIVE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 4 Jul 2016. Using an estimated price of £292,632 means this house is valued at £2,398 per sq meter (£222 per sq foot).
The average size of a house on MEADOWS DRIVE is 123 sq meters (1,326 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rushmoor Close |
Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Rushmoor Close |
Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Rushmoor Close |
Jun 2024 | Anti-social behaviour | On or near All Saints Close | |
Jun 2024 | Anti-social behaviour | On or near All Saints Close |