£545,877
This estimated value is based upon the latest sale price for the house of £540,000 on 4 Apr 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£540,000 | 4 Apr 2023 |
£383,000 | 22 Nov 2019 |
Detached |
Freehold |
Floor Area: 150 sq meters or 1,614 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 April 2023 the House Price Index for LANCASHIRE was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £540,000 results in an estimated price of approximately £545,877.
4 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.0 | 148.6 | 1.088 % | £540,000 | £5,877 | £545,877 |
The Postcode Pricing Model uses changes in average sales price within the L39 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 | -45.427 % | £-245,304 | £294,695 |
3 Month Average | 3.680 % | £19,873 | £559,873 |
6 Month Average | -1.309 % | £-7,068 | £532,931 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Dec 2023 | £499,744 | £491,000 | 11 SPINNEY CLOSE |
20 Sep 2023 | £139,787 | £138,000 | 3 OSBORNE COURT, 77 PRESCOT ROAD |
15 Sep 2023 | £296,288 | £292,500 | 72 REDSANDS |
11 Aug 2023 | £287,515 | £285,000 | 13 WIMBRICK CRESCENT |
23 Jun 2023 | £222,698 | £220,000 | 97 PRESCOT ROAD |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 14 May 2019. Using an estimated price of £545,878 means this house is valued at £3,639 per sq meter (£338 per sq foot).
The average size of a house on WOODFIELD ROAD is 187 sq meters (2,015 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Milman Close |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Woodfield Road |
Mar 2024 | Anti-social behaviour | On or near Spinney Close | |
Jan 2024 | Anti-social behaviour | On or near Tarn Brow | |
Jan 2024 | Anti-social behaviour | On or near Tarn Brow |