£214,467
This estimated value is based upon the latest sale price for the house of £132,000 on 29 Nov 2013. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £132,000 | 29 Nov 2013 |
| Semi-Detached |
| Leasehold |
| Floor Area: 106 sq meters or 1,140 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 November 2013 the House Price Index for LANCASHIRE was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £132,000 results in an estimated price of approximately £214,467.
| 29 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £132,000 | £82,467 | £214,467 |
The Postcode Pricing Model uses changes in average sales price within the FY8 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 | 30.774 % | £40,621 | £172,621 |
| 3 Month Average | 16.548 % | £21,842 | £153,842 |
| 6 Month Average | 21.362 % | £28,198 | £160,198 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £264,630 | £260,000 | 7 HARROGATE ROAD |
| 11 Aug 2023 | £191,677 | £190,000 | 17 BOWLAND PLACE |
| 17 Mar 2023 | £146,379 | £145,000 | 41 SHERWOOD ROAD |
| 27 Feb 2023 | £189,534 | £189,662 | 23 SHERWOOD ROAD |
| 9 Jan 2023 | £215,983 | £217,000 | 41 SMITHY LANE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 13 Sep 2013. Using an estimated price of £214,467 means this house is valued at £2,023 per sq meter (£187 per sq foot).
The average size of a house on SMITHY LANE is 105 sq meters (1,137 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Bowland Place |
| Jan 2024 | Criminal damage and arson | Local resolution | On or near Lunesdale Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sherwood Road |
| Jan 2024 | Other crime | Unable to prosecute suspect | On or near Sherwood Road |