£624,054
This estimated value is based upon the latest sale price for the house of £500,000 on 1 Mar 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £500,000 | 1 Mar 2018 |
| Terraced |
| Freehold |
| Floor Area: 166 sq meters or 1,786 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 March 2018 the House Price Index for LANCASHIRE was 118.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.811%.Applying this 24.811% change to the original purchase price of £500,000 results in an estimated price of approximately £624,054.
| 1 Mar 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.0 | 24.811 % | £500,000 | £124,054 | £624,054 |
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 | 38.161 % | £190,805 | £690,805 |
| 3 Month Average | 36.305 % | £181,527 | £681,527 |
| 6 Month Average | 23.196 % | £115,981 | £615,981 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Aug 2023 | £719,375 | £715,000 | HIGHER LEAFIELD BARN SANDY LANE |
| 21 Apr 2023 | £322,396 | £320,000 | 5 WALTHAM CLOSE |
| 18 Jan 2023 | £366,778 | £370,000 | 42 SHERBOURNE ROAD |
| 6 Jan 2023 | £270,623 | £273,000 | 3A WOBURN CLOSE |
| 25 Feb 2022 | £355,116 | £340,000 | 3 WAVERLEY ROAD |
This house has a floor area of 166 sq meters or 1,786 sq feet when measured on 14 Apr 2017. Using an estimated price of £624,055 means this house is valued at £3,759 per sq meter (£349 per sq foot).
The average size of a house on SANDY LANE is 132 sq meters (1,425 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Parking Area |
| Jan 2024 | Anti-social behaviour | On or near Parking Area |