2, HAMMOND DRIVE, READ, BURNLEY, BB12 7RE - £965,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 HAMMOND DRIVE is a detached house, which could now be worth an estimated £1,049,694. It was last sold for £965,000 in November 2022, which was around 136% above the average November 2022 detached price in the Ribble Valley local authority area.

2 HAMMOND DRIVE Sold Prices

Land registry data shows two sales for 2 HAMMOND DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Ribble Valley local authority area for the corresponding sale date. Both of the two 2 HAMMOND DRIVE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 9 NOV	£965,000	£409,224	136% above HPI
2007 21 MAR	£495,000	£326,451	52% above HPI

What might 2 HAMMOND DRIVE be worth now?

2 HAMMOND DRIVE might now be worth an estimated £1,049,694.

This is based on house price inflation of 8.8%, between November 2022 and May 2026, for detached houses, in the Ribble Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.8% inflationary increase is applied to the most recent sale price for 2 HAMMOND DRIVE of £965,000 on 9th November 2022. For the value to have increased from £965,000 to £1,049,694 over the four years and six months to May 2026, the following assumptions must hold true:

• The value of 2 HAMMOND DRIVE has moved in line with the HPI for detached houses in the Ribble Valley local authority area.
• The November 2022 sale price of £965,000 represented a fair market value for the property.
• The size, condition, and specification of 2 HAMMOND DRIVE has not materially changed since November 2022.

Where is 2 HAMMOND DRIVE?

2 HAMMOND DRIVE is located in READ, in the BB12 postcode district.