£436,561
This estimated value is based upon the latest sale price for the house of £350,000 on 25 May 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £350,000 | 25 May 2018 |
| £83,250 | 6 Oct 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 156 sq meters or 1,679 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 May 2018 the House Price Index for LANCASHIRE was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £350,000 results in an estimated price of approximately £436,561.
| 25 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £350,000 | £86,561 | £436,561 |
The Postcode Pricing Model uses changes in average sales price within the FY6 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 | -29.212 % | £-102,243 | £247,756 |
| 3 Month Average | -1.685 % | £-5,897 | £344,102 |
| 6 Month Average | 19.175 % | £67,112 | £417,112 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £111,653 | £110,000 | FLAT 17 CROFT HOUSE GROSVENOR CLOSE |
| 16 Aug 2023 | £90,794 | £90,000 | FLAT 22 CROFT HOUSE GROSVENOR CLOSE |
| 21 Jul 2023 | £98,830 | £97,500 | FLAT 32 CROFT HOUSE GROSVENOR CLOSE |
| 23 Jun 2023 | £146,778 | £145,000 | FLAT 6 CROFT HOUSE GROSVENOR CLOSE |
| 19 Jul 2022 | £247,605 | £246,938 | 11 ELLETSON STREET |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 7 Feb 2018. Using an estimated price of £436,562 means this house is valued at £2,798 per sq meter (£259 per sq foot).
The average size of a house on DERBY ROAD is 198 sq meters (2,139 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beech Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elletson Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elletson Street |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Lockwood Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lockwood Avenue |