£175,414
This estimated value is based upon the latest sale price for the house of £144,000 on 24 Jul 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £144,000 | 24 Jul 2020 |
| £129,000 | 24 Mar 2017 |
| £85,000 | 22 Dec 2003 |
| £52,000 | 10 Mar 2000 |
| £54,500 | 8 Oct 1999 |
| Semi-Detached |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 2020 the House Price Index for LANCASHIRE was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £144,000 results in an estimated price of approximately £175,414.
| 24 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £144,000 | £31,414 | £175,414 |
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 | 27.185 % | £39,146 | £183,146 |
| 3 Month Average | 48.521 % | £69,869 | £213,869 |
| 6 Month Average | 26.156 % | £37,665 | £181,665 |
| 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 73 sq meters or 785 sq feet when measured on 9 Jan 2017. Using an estimated price of £175,414 means this house is valued at £2,402 per sq meter (£223 per sq foot).
The average size of a house on REEDLEY ROAD is 127 sq meters (1,370 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 |