£271,930
This estimated value is based upon the latest sale price for the house of £220,000 on 23 Sep 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £220,000 | 23 Sep 2019 |
| £82,000 | 17 Sep 1999 |
| Detached |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 September 2019 the House Price Index for LANCASHIRE was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.605%.Applying this 23.605% change to the original purchase price of £220,000 results in an estimated price of approximately £271,930.
| 23 Sep 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.605 % | £220,000 | £51,930 | £271,930 |
The Postcode Pricing Model uses changes in average sales price within the FY8 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 | -6.909 % | £-15,200 | £204,799 |
| 3 Month Average | 13.431 % | £29,547 | £249,547 |
| 6 Month Average | 4.420 % | £9,724 | £229,724 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £299,194 | £290,000 | 3 LONGWOOD CLOSE |
| 31 Oct 2023 | £304,414 | £297,500 | 3 KINGSWOOD CLOSE |
| 6 Oct 2023 | £266,042 | £260,000 | 47 BROADWOOD WAY |
| 26 Sep 2023 | £298,582 | £292,000 | 15 SOUTHWOOD CLOSE |
| 9 Jun 2023 | £262,766 | £257,500 | 8 LONGWOOD CLOSE |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 4 Apr 2019. Using an estimated price of £271,930 means this house is valued at £3,830 per sq meter (£355 per sq foot).
The average size of a house on BROADWOOD WAY is 78 sq meters (849 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Southwood Close |
| Oct 2024 | Public order | Under investigation | On or near Longwood Close |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Longwood Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Larchwood Close |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Birchwood Close |