£121,375
This estimated value is based upon the latest sale price for the house of £98,500 on 1 May 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £98,500 | 1 May 2020 |
| £89,950 | 31 Oct 2005 |
| £45,500 | 28 Mar 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 May 2020 the House Price Index for LANCASHIRE was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £98,500 results in an estimated price of approximately £121,375.
| 1 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £98,500 | £22,875 | £121,375 |
The Postcode Pricing Model uses changes in average sales price within the BB12 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 | 20.896 % | £20,582 | £119,082 |
| 3 Month Average | 15.389 % | £15,157 | £113,657 |
| 6 Month Average | 21.420 % | £21,098 | £119,598 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2024 | £130,000 | £130,000 | 498 PADIHAM ROAD |
| 16 Nov 2023 | £117,995 | £115,000 | 9 DEVON GROVE |
| 6 Oct 2023 | £150,416 | £147,000 | 2 BEDFORDSHIRE AVENUE |
| 30 Aug 2023 | £132,388 | £130,000 | 526 PADIHAM ROAD |
| 23 Jun 2023 | £198,988 | £195,000 | 8 BERKSHIRE AVENUE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 17 Jan 2020. Using an estimated price of £121,375 means this house is valued at £1,839 per sq meter (£170 per sq foot).
The average size of a house on CARDIGAN AVENUE is 85 sq meters (925 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Cardigan Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Cardigan Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Cardigan Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Cardigan Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Cardigan Avenue |