£203,421
This estimated value is based upon the latest sale price for the house of £138,000 on 6 Mar 2015. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £138,000 | 6 Mar 2015 |
| £136,000 | 28 Jul 2006 |
| £88,500 | 25 Jul 2003 |
| £46,000 | 30 May 1997 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 March 2015 the House Price Index for LANCASHIRE was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £138,000 results in an estimated price of approximately £203,421.
| 6 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £138,000 | £65,421 | £203,421 |
The Postcode Pricing Model uses changes in average sales price within the LA1 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 | 167.792 % | £231,552 | £369,552 |
| 3 Month Average | 23.247 % | £32,081 | £170,081 |
| 6 Month Average | 32.441 % | £44,769 | £182,769 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jun 2023 | £161,962 | £160,000 | 80 NEWSHAM ROAD |
| 17 Mar 2023 | £186,760 | £185,000 | 26 NEWSHAM PLACE |
| 10 Feb 2023 | £227,347 | £227,500 | 42 NEWSHAM ROAD |
| 15 Sep 2022 | £138,879 | £140,000 | 18 NEWSHAM PLACE |
| 5 Sep 2022 | £253,949 | £256,000 | 7 LONSDALE PLACE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 19 Aug 2014. Using an estimated price of £203,421 means this house is valued at £2,421 per sq meter (£224 per sq foot).
The average size of a house on NEWSHAM PLACE is 92 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lonsdale Place |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Belle Vue Avenue |
| Jan 2024 | Vehicle crime | Under investigation | On or near Newsham Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Newsham Road |
| Feb 2024 | Burglary | Under investigation | On or near Trafalgar Road |