£138,456
This estimated value is based upon the latest sale price for the house of £75,000 on 16 Jun 2005. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £75,000 | 16 Jun 2005 |
| £75,000 | 16 Jun 2005 |
| £43,500 | 2 Nov 2001 |
| £20,000 | 31 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 2005 the House Price Index for LANCASHIRE was 80.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.608%.Applying this 84.608% change to the original purchase price of £75,000 results in an estimated price of approximately £138,456.
| 16 Jun 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 148.6 | 84.608 % | £75,000 | £63,456 | £138,456 |
The Postcode Pricing Model uses changes in average sales price within the BB18 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 | 67.017 % | £50,262 | £125,262 |
| 3 Month Average | 41.954 % | £31,465 | £106,465 |
| 6 Month Average | 60.090 % | £45,067 | £120,067 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £100,832 | £99,950 | 7 LOWER EAST AVENUE |
| 8 Jun 2023 | £95,153 | £94,000 | 36 LOWER WEST AVENUE |
| 8 Jun 2023 | £86,042 | £85,000 | 33 LOWER EAST AVENUE |
| 13 Apr 2023 | £117,263 | £116,000 | 13 COOPERATIVE STREET |
| 15 Nov 2022 | £118,564 | £120,000 | 21 LOWER EAST AVENUE |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 24 May 2019. Using an estimated price of £138,456 means this house is valued at £1,344 per sq meter (£124 per sq foot).
The average size of a house on WEST AVENUE is 141 sq meters (1,523 sq feet).
This house is the smallest in the street with a floor area of 103 sq meters (1,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Lower North Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Lower North Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Lower North Avenue | |
| Feb 2024 | Other crime | Under investigation | On or near Lower East Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lower East Avenue |