£538,279
This estimated value is based upon the latest sale price for the house of £355,000 on 25 Sep 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £355,000 | 25 Sep 2014 |
| Terraced |
| 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 September 2014 the House Price Index for LANCASHIRE was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £355,000 results in an estimated price of approximately £538,279.
| 25 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £355,000 | £183,279 | £538,279 |
The Postcode Pricing Model uses changes in average sales price within the BB12 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 | -2.926 % | £-10,387 | £344,612 |
| 3 Month Average | 17.112 % | £60,748 | £415,748 |
| 6 Month Average | 18.223 % | £64,692 | £419,692 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £380,851 | £375,000 | 3 SCAFELL CLOSE |
| 2 Nov 2023 | £369,376 | £360,000 | 74 CUMBRIAN WAY |
| 22 Jun 2023 | £280,624 | £275,000 | 76 CUMBRIAN WAY |
| 16 Feb 2023 | £387,589 | £385,000 | 14 DOVEDALE DRIVE |
| 4 Nov 2022 | £328,464 | £330,000 | 61 CUMBRIAN WAY |
This house has a floor area of 175 sq meters or 1,883 sq feet when measured on 8 Jun 2013. Using an estimated price of £538,280 means this house is valued at £3,075 per sq meter (£285 per sq foot).
The average size of a house on IGHTENHILL PARK LANE is 161 sq meters (1,743 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Fairbairn Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Fairbairn Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Fairbairn Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Fairbairn Avenue | |
| Sep 2024 | Public order | Under investigation | On or near Ightenhill Park Lane |