£42,006
This estimated value is based upon the latest sale price for the house of £15,930 on 21 Oct 2002. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £15,930 | 21 Oct 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 940 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 October 2002 the House Price Index for LANCASHIRE was 56.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 163.693%.Applying this 163.693% change to the original purchase price of £15,930 results in an estimated price of approximately £42,006.
| 21 Oct 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 56.4 | 148.6 | 163.693 % | £15,930 | £26,076 | £42,006 |
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 | 335.953 % | £53,517 | £69,447 |
| 3 Month Average | 200.758 % | £31,980 | £47,910 |
| 6 Month Average | 200.290 % | £31,906 | £47,836 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £267,339 | £265,000 | 6 KILN HOUSE WAY |
| 4 Aug 2023 | £176,544 | £175,000 | 43 LINDADALE AVENUE |
| 24 Feb 2023 | £107,927 | £108,000 | 16 CARTMEL AVENUE |
| 13 Feb 2023 | £299,798 | £300,000 | 6 ROUGH HEY BARN ROUGH HEY GATE |
| 14 Oct 2022 | £88,052 | £89,000 | 12 BROADFIELD ROAD |
This house has a floor area of 87 sq meters or 940 sq feet when measured on 24 Jan 2011. Using an estimated price of £42,006 means this house is valued at £480 per sq meter (£44 per sq foot).
The average size of a house on DOWNHAM DRIVE is 97 sq meters (1,047 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Downham Drive |