£307,919
This estimated value is based upon the latest sale price for the house of £310,000 on 22 Aug 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £310,000 | 22 Aug 2022 |
| £260,000 | 4 Feb 2020 |
| Detached |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 August 2022 the House Price Index for LANCASHIRE was 149.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.671%.Applying this -0.671% change to the original purchase price of £310,000 results in an estimated price of approximately £307,919.
| 22 Aug 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 148.0 | -0.671 % | £310,000 | £-2,080 | £307,919 |
The Postcode Pricing Model uses changes in average sales price within the BB7 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 | 2.429 % | £7,529 | £317,529 |
| 3 Month Average | 10.401 % | £32,243 | £342,243 |
| 6 Month Average | 6.999 % | £21,696 | £331,696 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2023 | £628,397 | £625,000 | PRIMROSE STUDIOS PRIMROSE ROAD |
| 22 Aug 2022 | £307,919 | £310,000 | 8 WILLIAM PLACE |
| 5 Aug 2022 | £263,221 | £265,000 | 19 MARY WAY |
| 29 Apr 2022 | £246,154 | £240,000 | 91 KEMPLE VIEW |
| 29 Mar 2022 | £273,501 | £265,000 | 28 KEMPLE VIEW |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 24 Jul 2019. Using an estimated price of £307,919 means this house is valued at £2,989 per sq meter (£277 per sq foot).
The average size of a house on WILLIAM PLACE is 113 sq meters (1,221 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Mary Way | |
| Feb 2024 | Anti-social behaviour | On or near Mary Way | |
| Feb 2024 | Anti-social behaviour | On or near Mary Way | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Philip Crescent |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Henry Place |