£205,783
This estimated value is based upon the latest sale price for the house of £167,000 on 19 May 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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21 Navigation Business Village, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YP
Phone: 02080332574
| Price Paid | Date |
|---|---|
| £167,000 | 19 May 2020 |
| £114,950 | 31 Jan 2000 |
| £60,000 | 8 Jan 1999 |
| Detached |
| Freehold |
| Floor Area: 175 sq meters or 1,883 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 2020 the House Price Index for LANCASHIRE was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £167,000 results in an estimated price of approximately £205,783.
| 19 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £167,000 | £38,783 | £205,783 |
The Postcode Pricing Model uses changes in average sales price within the PR1 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 | -27.095 % | £-45,249 | £121,750 |
| 3 Month Average | 35.496 % | £59,277 | £226,277 |
| 6 Month Average | 38.008 % | £63,473 | £230,473 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jun 2024 | £200,000 | £200,000 | 1 WINDY NOOK MEADOWS |
| 12 Sep 2023 | £168,719 | £165,000 | 14 WEST CLIFF |
| 7 Jun 2023 | £75,615 | £74,100 | 6B MEADOW COURT |
| 8 Aug 2022 | £77,362 | £77,000 | APARTMENT 16 THE SORTING OFFICE, 42 WEST CLIFF |
| 19 May 2022 | £92,407 | £90,000 | 17A MEADOW COURT |
This house has a floor area of 175 sq meters or 1,883 sq feet when measured on 27 Sep 2018. Using an estimated price of £205,783 means this house is valued at £1,175 per sq meter (£109 per sq foot).
The average size of a house on WEST CLIFF is 91 sq meters (980 sq feet).