£1,590,370
This estimated value is based upon the latest sale price for the house of £1,550,000 on 30 Nov 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There has been one burglary within the last year on or near Lilac Avenue
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| Price Paid | Date |
|---|---|
| £1,550,000 | 30 Nov 2023 |
| £420,000 | 16 May 2008 |
| Detached |
| Freehold |
| Floor Area: 232 sq meters or 2,497 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 November 2023 the House Price Index for LANCASHIRE was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £1,550,000 results in an estimated price of approximately £1,590,370.
| 30 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £1,550,000 | £40,370 | £1,590,370 |
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 | -30.698 % | £-475,819 | £1,074,180 |
| 3 Month Average | -9.707 % | £-150,462 | £1,399,537 |
| 6 Month Average | -4.549 % | £-70,515 | £1,479,484 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £307,500 | £307,500 | 166 FOREST DRIVE |
| 21 Mar 2024 | £330,071 | £325,000 | 177 FOREST DRIVE |
| 30 Nov 2023 | £1,590,370 | £1,550,000 | IN A HUF BALLAM ROAD |
| 23 Aug 2023 | £330,969 | £325,000 | 163 FOREST DRIVE |
| 1 Nov 2022 | £1,617,437 | £1,625,000 | LITTLE BIRKS BARN BALLAM ROAD |
This house has a floor area of 232 sq meters or 2,497 sq feet when measured on 30 Jul 2012. Using an estimated price of £1,590,370 means this house is valued at £6,855 per sq meter (£636 per sq foot).
The average size of a house on BALLAM ROAD is 184 sq meters (1,981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Lilac Avenue |
| Oct 2024 | Burglary | Under investigation | On or near Lilac Avenue |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lilac Avenue |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ring Dyke Way |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Moorfield Drive |