£398,861
This estimated value is based upon the latest sale price for the house of £265,000 on 1 Sep 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £265,000 | 1 Sep 2014 |
| Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 Mar 2024 is 148.6 which is a change of 50.514%.Applying this 50.514% change to the original purchase price of £265,000 results in an estimated price of approximately £398,861.
| 1 Sep 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 148.6 | 50.514 % | £265,000 | £133,861 | £398,861 |
The Postcode Pricing Model uses changes in average sales price within the FY5 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 | 30.323 % | £80,355 | £345,355 |
| 3 Month Average | 20.644 % | £54,707 | £319,707 |
| 6 Month Average | 25.294 % | £67,029 | £332,029 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £180,204 | £177,900 | 21 FARNWORTH ROAD |
| 30 Jun 2023 | £156,901 | £155,000 | 32 BROOKFIELD AVENUE |
| 28 Jun 2022 | £324,536 | £319,950 | 31 STATION ROAD |
| 8 Apr 2022 | £128,725 | £125,000 | 20 FARNWORTH ROAD |
| 18 Mar 2022 | £141,968 | £137,000 | 25 HASTINGS ROAD |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 20 Jul 2013. Using an estimated price of £398,862 means this house is valued at £3,165 per sq meter (£294 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Lawsons Court | |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Beeches Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Beeches Court |
| Mar 2024 | Violence and sexual offences | Offender given a caution | On or near Beeches Court |
| Mar 2024 | Violence and sexual offences | Offender given a caution | On or near Beeches Court |