£225,315
This estimated value is based upon the latest sale price for the house of £155,000 on 29 May 2015. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There have been two burglaries within the last year on or near Shelley Drive
More crime details
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Price Paid | Date |
---|---|
£155,000 | 29 May 2015 |
Detached |
Leasehold |
Floor Area: 78 sq meters or 839 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 2015 the House Price Index for LANCASHIRE was 101.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 45.365%.Applying this 45.365% change to the original purchase price of £155,000 results in an estimated price of approximately £225,315.
29 May 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.8 | 148.0 | 45.365 % | £155,000 | £70,315 | £225,315 |
The Postcode Pricing Model uses changes in average sales price within the BB5 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 | 34.253 % | £53,091 | £208,091 |
3 Month Average | 40.616 % | £62,954 | £217,954 |
6 Month Average | 40.758 % | £63,175 | £218,175 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Aug 2022 | £203,624 | £205,000 | 8 MONTGOMERY CLOSE |
24 Jun 2022 | £170,478 | £168,750 | 27 MONTGOMERY CLOSE |
20 May 2022 | £192,867 | £190,000 | 23 MONTGOMERY CLOSE |
17 Dec 2021 | £213,410 | £200,000 | 8 CHATTERTON DRIVE |
30 Oct 2020 | £209,134 | £179,000 | 7 BYRON CLOSE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 23 Jul 2014. Using an estimated price of £225,315 means this house is valued at £2,888 per sq meter (£268 per sq foot).
The average size of a house on SHELLEY DRIVE is 90 sq meters (978 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Local resolution | On or near Shelley Drive |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Shelley Drive |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Shelley Drive |
Mar 2024 | Vehicle crime | Under investigation | On or near Byron Close |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Montgomery Close |