£353,800
This estimated value is based upon the latest sale price for the house of £306,000 on 17 Dec 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £306,000 | 17 Dec 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 149 sq meters or 1,605 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 December 2020 the House Price Index for LANCASHIRE was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £306,000 results in an estimated price of approximately £353,800.
| 17 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £306,000 | £47,800 | £353,800 |
The Postcode Pricing Model uses changes in average sales price within the LA4 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 | -3.283 % | £-10,044 | £295,955 |
| 3 Month Average | 7.137 % | £21,840 | £327,840 |
| 6 Month Average | 1.323 % | £4,047 | £310,047 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £309,511 | £300,000 | 161 BARE LANE |
| 18 Oct 2023 | £244,043 | £238,500 | 24 MICHAELSON AVENUE |
| 5 Oct 2023 | £255,810 | £250,000 | 6 MICHAELSON AVENUE |
| 2 Oct 2023 | £460,458 | £450,000 | 139 BARE LANE |
| 16 Jun 2023 | £397,975 | £390,000 | 7 SCOWCROFT DRIVE |
This house has a floor area of 149 sq meters or 1,605 sq feet when measured on 11 Aug 2009. Using an estimated price of £353,800 means this house is valued at £2,372 per sq meter (£220 per sq foot).
The average size of a house on LONSDALE AVENUE is 98 sq meters (1,061 sq feet).
This house is the largest in the street with a floor area of 149 sq meters (1,605 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Roedean Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Roedean Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Roedean Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Roedean Avenue | |
| May 2024 | Other theft | Under investigation | On or near Old Penny Gardens |