£490,312
This estimated value is based upon the latest sale price for the house of £267,500 on 27 Mar 2009. 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 Cheviot Avenue
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| Price Paid | Date |
|---|---|
| £267,500 | 27 Mar 2009 |
| £270,000 | 8 Dec 2008 |
| Detached |
| Freehold |
| Floor Area: 128 sq meters or 1,377 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 March 2009 the House Price Index for LANCASHIRE was 80.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 83.294%.Applying this 83.294% change to the original purchase price of £267,500 results in an estimated price of approximately £490,312.
| 27 Mar 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.0 | 146.7 | 83.294 % | £267,500 | £222,812 | £490,312 |
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 | 11.749 % | £31,427 | £298,927 |
| 3 Month Average | 40.226 % | £107,604 | £375,104 |
| 6 Month Average | 20.402 % | £54,576 | £322,076 |
This house has a floor area of 128 sq meters or 1,377 sq feet when measured on 14 Oct 2014.
The average size of a house on CHEVIOT AVENUE is 191 sq meters (2,060 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Under investigation | On or near Cheviot Avenue |
| Mar 2024 | Other theft | Under investigation | On or near The Belfry |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Mornington Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Mornington Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mornington Road |