£117,161
This estimated value is based upon the latest sale price for the house of £99,950 on 17 Sep 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £99,950 | 17 Sep 2020 |
| £37,000 | 25 Mar 2002 |
| £35,000 | 6 Jul 2001 |
| £31,500 | 28 Jul 1995 |
| Terraced |
| Leasehold |
| Floor Area: 86 sq meters or 925 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 2020 the House Price Index for LANCASHIRE was 125.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 17.220%.Applying this 17.220% change to the original purchase price of £99,950 results in an estimated price of approximately £117,161.
| 17 Sep 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 146.7 | 17.220 % | £99,950 | £17,211 | £117,161 |
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 | -38.138 % | £-38,118 | £61,831 |
| 3 Month Average | -16.948 % | £-16,939 | £83,010 |
| 6 Month Average | 4.995 % | £4,992 | £104,942 |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 22 May 2020.
The average size of a house on LOWERHOUSE LANE is 87 sq meters (941 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Dec 2023 | Anti-social behaviour | On or near Jobling Close | |
| Dec 2023 | Anti-social behaviour | On or near Jobling Close | |
| Dec 2023 | Anti-social behaviour | On or near Jobling Close | |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Jobling Close |