£256,224
This estimated value is based upon the latest sale price for the house of £207,402 on 25 Oct 2019. 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 |
|---|---|
| £207,402 | 25 Oct 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 82 sq meters or 882 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 October 2019 the House Price Index for LANCASHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £207,402 results in an estimated price of approximately £256,224.
| 25 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £207,402 | £48,822 | £256,224 |
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 | 15.747 % | £32,660 | £240,062 |
| 3 Month Average | 8.466 % | £17,558 | £224,960 |
| 6 Month Average | 6.910 % | £14,330 | £221,732 |
| 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 82 sq meters or 882 sq feet when measured on 21 May 2019. Using an estimated price of £256,225 means this house is valued at £3,124 per sq meter (£290 per sq foot).
The average size of a house on WEST CLIFF is 91 sq meters (980 sq feet).