£275,690
This estimated value is based upon the latest sale price for the house of £85,000 on 5 Oct 2001. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£85,000 | 5 Oct 2001 |
Semi-Detached |
Leasehold |
Floor Area: 63 sq meters or 678 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 October 2001 the House Price Index for LANCASHIRE was 45.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 224.341%.Applying this 224.341% change to the original purchase price of £85,000 results in an estimated price of approximately £275,690.
5 Oct 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
45.8 | 148.6 | 224.341 % | £85,000 | £190,690 | £275,690 |
The Postcode Pricing Model uses changes in average sales price within the PR8 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 | 112.944 % | £96,002 | £181,002 |
3 Month Average | 152.283 % | £129,440 | £214,440 |
6 Month Average | 183.925 % | £156,336 | £241,336 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Jul 2023 | £182,405 | £179,950 | 277 GUILDFORD ROAD |
24 Mar 2023 | £272,568 | £270,000 | 82 NEW CUT LANE |
30 Sep 2022 | £247,992 | £249,995 | 269 GUILDFORD ROAD |
1 Sep 2022 | £545,594 | £550,000 | 52A NEW CUT LANE |
22 Jul 2022 | £160,432 | £160,000 | 178 GUILDFORD ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 8 Dec 2015. Using an estimated price of £275,690 means this house is valued at £4,376 per sq meter (£406 per sq foot).
The average size of a house on NEW CUT LANE is 112 sq meters (1,212 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Boundary Close | |
Feb 2024 | Anti-social behaviour | On or near Boundary Close | |
Feb 2024 | Anti-social behaviour | On or near Boundary Close | |
Apr 2024 | Anti-social behaviour | On or near New Cut Close | |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Cut Close |