£47,525
This estimated value is based upon the latest sale price for the house of £20,000 on 4 Jun 2003. 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 |
|---|---|
| £20,000 | 4 Jun 2003 |
| £16,000 | 28 Jun 2002 |
| £15,750 | 25 Jun 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 June 2003 the House Price Index for LANCASHIRE was 63.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 137.625%.Applying this 137.625% change to the original purchase price of £20,000 results in an estimated price of approximately £47,525.
| 4 Jun 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 63.0 | 149.7 | 137.625 % | £20,000 | £27,525 | £47,525 |
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 | 123.432 % | £24,686 | £44,686 |
| 3 Month Average | 151.377 % | £30,275 | £50,275 |
| 6 Month Average | 158.461 % | £31,692 | £51,692 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £55,986 | £55,500 | FLAT 98 SANDOWN COURT AVENHAM LANE |
| 1 Mar 2024 | £66,014 | £65,000 | FLAT 109 SANDOWN COURT AVENHAM LANE |
| 15 Dec 2023 | £27,856 | £27,000 | FLAT 25 SANDOWN COURT AVENHAM LANE |
| 22 Nov 2023 | £69,771 | £68,000 | FLAT 49 SANDOWN COURT AVENHAM LANE |
| 5 Apr 2023 | £64,201 | £63,000 | FLAT 2 SANDOWN COURT AVENHAM LANE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 1 Oct 2019. Using an estimated price of £47,525 means this house is valued at £754 per sq meter (£70 per sq foot).
The average size of a house on AVENHAM LANE is 59 sq meters (645 sq feet).