£311,321
This estimated value is based upon the latest sale price for the house of £250,000 on 3 May 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 3 May 2019 |
| Detached |
| Leasehold |
| Floor Area: 122 sq meters or 1,313 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 May 2019 the House Price Index for LANCASHIRE was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £250,000 results in an estimated price of approximately £311,321.
| 3 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £250,000 | £61,321 | £311,321 |
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 | -8.198 % | £-20,495 | £229,504 |
| 3 Month Average | 5.872 % | £14,681 | £264,681 |
| 6 Month Average | 18.312 % | £45,781 | £295,781 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jun 2024 | £220,000 | £220,000 | 53 KENILWORTH ROAD |
| 15 Feb 2023 | £216,446 | £215,000 | 104 KENILWORTH ROAD |
| 28 Jun 2022 | £122,621 | £120,000 | 71 KENILWORTH ROAD |
| 13 Apr 2022 | £233,420 | £225,000 | 73 ST THOMAS ROAD |
| 30 Nov 2021 | £277,828 | £255,000 | 43 ST THOMAS ROAD |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 20 Oct 2017. Using an estimated price of £311,322 means this house is valued at £2,551 per sq meter (£237 per sq foot).
The average size of a house on BANBURY ROAD is 108 sq meters (1,165 sq feet).
This house is the largest in the street with a floor area of 122 sq meters (1,313 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Kenilworth Road |
| Sep 2024 | Possession of weapons | Unable to prosecute suspect | On or near Banbury Road |
| Oct 2024 | Anti-social behaviour | On or near Holmefield Road | |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holmefield Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Holmefield Road |