£211,686
This estimated value is based upon the latest sale price for the house of £195,000 on 27 Sep 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£195,000 | 27 Sep 2021 |
£105,000 | 29 Nov 2002 |
Detached |
Freehold |
Floor Area: 125 sq meters or 1,345 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 September 2021 the House Price Index for LANCASHIRE was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £195,000 results in an estimated price of approximately £211,686.
27 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 149.7 | 8.557 % | £195,000 | £16,686 | £211,686 |
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 | -21.762 % | £-42,435 | £152,564 |
3 Month Average | -22.516 % | £-43,906 | £151,093 |
6 Month Average | -18.824 % | £-36,705 | £158,294 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £259,989 | £252,000 | 27 MEADOW CLOSE |
15 Mar 2023 | £81,354 | £79,995 | 38 BIRD STREET |
2 Mar 2022 | £159,721 | £152,999 | 79 REEDLEY ROAD |
11 Feb 2022 | £270,453 | £256,000 | 8 MEADOW CLOSE |
30 Nov 2021 | £1,907 | £1,750 | 3 THE CRESCENT |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 2 Oct 2021. Using an estimated price of £211,686 means this house is valued at £1,693 per sq meter (£157 per sq foot).
The average size of a house on GRAFTON AVENUE is 174 sq meters (1,881 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Vehicle crime | Under investigation | On or near Reedley Road |
Oct 2024 | Burglary | Awaiting court outcome | On or near The Crescent |
Jul 2024 | Other crime | Unable to prosecute suspect | On or near The Crescent |
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 |