£459,053
This estimated value is based upon the latest sale price for the house of £249,999 on 13 Jul 2009. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £249,999 | 13 Jul 2009 |
| £299,000 | 7 Jul 2006 |
| £148,000 | 9 Sep 2002 |
| £139,950 | 27 Jul 2000 |
| Detached |
| Freehold |
| Floor Area: 229 sq meters or 2,464 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 July 2009 the House Price Index for LANCASHIRE was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.622%.Applying this 83.622% change to the original purchase price of £249,999 results in an estimated price of approximately £459,053.
| 13 Jul 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 149.7 | 83.622 % | £249,999 | £209,054 | £459,053 |
The Postcode Pricing Model uses changes in average sales price within the BB10 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 | 3.976 % | £9,939 | £259,938 |
| 3 Month Average | 21.166 % | £52,915 | £302,914 |
| 6 Month Average | 35.815 % | £89,536 | £339,535 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £180,548 | £175,000 | 7 AINSDALE AVENUE |
| 18 Dec 2023 | £259,989 | £252,000 | 27 MEADOW CLOSE |
| 24 Nov 2022 | £223,953 | £225,000 | 16 RAVENS GROVE |
| 2 Mar 2022 | £159,721 | £152,999 | 79 REEDLEY ROAD |
| 11 Feb 2022 | £270,453 | £256,000 | 8 MEADOW CLOSE |
This house has a floor area of 229 sq meters or 2,464 sq feet when measured on 10 May 2016. Using an estimated price of £459,053 means this house is valued at £2,004 per sq meter (£186 per sq foot).
The average size of a house on REEDLEY ROAD is 127 sq meters (1,370 sq feet).
This house is the largest in the street with a floor area of 229 sq meters (2,464 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Under investigation | On or near Ravens Grove |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ravens Grove |
| Jul 2024 | Vehicle crime | Under investigation | On or near Reedley Road |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Hillside Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parsonage Drive |