£194,241
This estimated value is based upon the latest sale price for the house of £155,000 on 29 Mar 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£155,000 | 29 Mar 2018 |
£148,500 | 22 Sep 2006 |
£100,000 | 8 May 2006 |
Terraced |
Freehold |
Floor Area: 85 sq meters or 914 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 2018 the House Price Index for LANCASHIRE was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £155,000 results in an estimated price of approximately £194,241.
29 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.6 | 148.6 | 25.317 % | £155,000 | £39,241 | £194,241 |
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 | 167.671 % | £259,890 | £414,890 |
3 Month Average | 17.518 % | £27,152 | £182,152 |
6 Month Average | 21.028 % | £32,593 | £187,593 |
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 85 sq meters or 914 sq feet when measured on 2 Jul 2013. Using an estimated price of £194,241 means this house is valued at £2,285 per sq meter (£212 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 |