£780,211
This estimated value is based upon the latest sale price for the house of £775,000 on 16 Feb 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £775,000 | 16 Feb 2023 |
| £527,500 | 6 Oct 2016 |
| £459,000 | 15 Jun 2011 |
| £432,000 | 28 Aug 2009 |
| £235,000 | 19 Apr 2001 |
| Detached |
| Freehold |
| Floor Area: 227 sq meters or 2,443 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 February 2023 the House Price Index for LANCASHIRE was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £775,000 results in an estimated price of approximately £780,211.
| 16 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £775,000 | £5,211 | £780,211 |
The Postcode Pricing Model uses changes in average sales price within the FY8 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 | 9.612 % | £74,496 | £849,496 |
| 3 Month Average | 4.453 % | £34,512 | £809,512 |
| 6 Month Average | 15.651 % | £121,294 | £896,294 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £426,554 | £420,000 | 33 NEWBURY ROAD |
| 4 Aug 2023 | £150,209 | £147,500 | APARTMENT 11 ELIZABETH COURT KING EDWARD AVENUE |
| 27 Jun 2023 | £551,043 | £540,000 | 12 KING EDWARD AVENUE |
| 17 Feb 2023 | £191,278 | £190,000 | APARTMENT 7 ELIZABETH COURT KING EDWARD AVENUE |
| 16 Feb 2023 | £780,212 | £775,000 | 8 KING EDWARD AVENUE |
This house has a floor area of 227 sq meters or 2,443 sq feet when measured on 28 Apr 2016. Using an estimated price of £780,212 means this house is valued at £3,437 per sq meter (£319 per sq foot).
The average size of a house on KING EDWARD AVENUE is 145 sq meters (1,565 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near King Edward Avenue |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Harrison View |