£195,186
This estimated value is based upon the latest sale price for the house of £158,000 on 24 Jan 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There has been one burglary within the last year on or near Southbourne Avenue
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| Price Paid | Date |
|---|---|
| £158,000 | 24 Jan 2019 |
| £130,000 | 8 Nov 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 January 2019 the House Price Index for LANCASHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.536%.Applying this 23.536% change to the original purchase price of £158,000 results in an estimated price of approximately £195,186.
| 24 Jan 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.536 % | £158,000 | £37,186 | £195,186 |
The Postcode Pricing Model uses changes in average sales price within the FY6 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 | -4.185 % | £-6,612 | £151,387 |
| 3 Month Average | 18.347 % | £28,988 | £186,988 |
| 6 Month Average | 12.547 % | £19,823 | £177,823 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £136,191 | £135,000 | 35 COMPLEY AVENUE |
| 30 Sep 2022 | £328,348 | £331,000 | 16 NEWTON AVENUE |
| 30 Sep 2022 | £168,638 | £170,000 | 4 COMPLEY AVENUE |
| 26 May 2022 | £169,188 | £166,000 | 27 COMPLEY AVENUE |
| 25 Feb 2022 | £356,556 | £340,000 | 10 COMPLEY GREEN |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 9 Jul 2018. Using an estimated price of £195,186 means this house is valued at £2,637 per sq meter (£245 per sq foot).
The average size of a house on SOUTHBOURNE AVENUE is 102 sq meters (1,106 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Southbourne Avenue |
| Jan 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Southbourne Avenue |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Southbourne Avenue |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Southbourne Avenue |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Compley Avenue |