£292,993
This estimated value is based upon the latest sale price for the house of £225,000 on 28 Apr 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £225,000 | 28 Apr 2017 |
| £68,000 | 28 Aug 1998 |
| Detached |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 April 2017 the House Price Index for LANCASHIRE was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £225,000 results in an estimated price of approximately £292,993.
| 28 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 149.7 | 30.219 % | £225,000 | £67,993 | £292,993 |
The Postcode Pricing Model uses changes in average sales price within the FY7 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 | -3.790 % | £-8,527 | £216,472 |
| 3 Month Average | 20.028 % | £45,063 | £270,063 |
| 6 Month Average | 13.305 % | £29,936 | £254,936 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £112,865 | £110,000 | 3 LINTON MEWS |
| 26 Oct 2023 | £156,556 | £153,000 | 2 BURNSIDE AVENUE |
| 9 Mar 2023 | £193,227 | £190,000 | 26 BURNSIDE AVENUE |
| 27 Jan 2023 | £145,388 | £145,000 | 1 GREENDALE CLOSE |
| 26 Jan 2023 | £280,750 | £280,000 | 93 PRINCES WAY |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 25 Apr 2016. Using an estimated price of £292,993 means this house is valued at £2,063 per sq meter (£191 per sq foot).
The average size of a house on PRINCES WAY is 150 sq meters (1,620 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Greendale Close |