£282,935
This estimated value is based upon the latest sale price for the house of £225,000 on 12 Apr 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£225,000 | 12 Apr 2018 |
£192,000 | 22 May 2015 |
£205,000 | 19 Sep 2007 |
Semi-Detached |
Leasehold |
Floor Area: 100 sq meters or 1,076 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 April 2018 the House Price Index for LANCASHIRE was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £225,000 results in an estimated price of approximately £282,935.
12 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 149.7 | 25.749 % | £225,000 | £57,935 | £282,935 |
The Postcode Pricing Model uses changes in average sales price within the BB7 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 | 46.762 % | £105,215 | £330,215 |
3 Month Average | 51.082 % | £114,933 | £339,933 |
6 Month Average | 33.542 % | £75,470 | £300,470 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Oct 2023 | £332,553 | £325,000 | 32 FAIRFIELD DRIVE |
12 Jan 2023 | £198,530 | £198,000 | 14 WINDERMERE AVENUE |
17 Jun 2022 | £288,671 | £282,500 | 10 DERWENT CRESCENT |
3 Mar 2022 | £271,423 | £260,000 | 31 FAIRFIELD DRIVE |
16 Aug 2021 | £210,726 | £187,500 | 7 LANGDALE AVENUE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 23 Feb 2018. Using an estimated price of £282,936 means this house is valued at £2,829 per sq meter (£262 per sq foot).
The average size of a house on DERWENT CRESCENT is 108 sq meters (1,165 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Shireburn Avenue |
Jul 2024 | Anti-social behaviour | On or near Fairfield Drive | |
Jul 2024 | Anti-social behaviour | On or near Fairfield Drive | |
Jul 2024 | Anti-social behaviour | On or near Fairfield Drive | |
Jul 2024 | Anti-social behaviour | On or near Fairfield Drive |