£215,352
This estimated value is based upon the latest sale price for the house of £119,000 on 21 Aug 2005. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £119,000 | 21 Aug 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 158 sq meters or 1,700 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 August 2005 the House Price Index for LANCASHIRE was 81.1.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 80.969%.Applying this 80.969% change to the original purchase price of £119,000 results in an estimated price of approximately £215,352.
| 21 Aug 2005 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.1 | 146.7 | 80.969 % | £119,000 | £96,352 | £215,352 |
The Postcode Pricing Model uses changes in average sales price within the BB12 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 | 8.960 % | £10,662 | £129,662 |
| 3 Month Average | 26.480 % | £31,511 | £150,511 |
| 6 Month Average | 48.009 % | £57,131 | £176,131 |
This house has a floor area of 158 sq meters or 1,700 sq feet when measured on 18 Jun 2016.
The average size of a house on LOWERHOUSE LANE is 87 sq meters (941 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Bear Street |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Avalon Close |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Bear Street |
| Mar 2024 | Anti-social behaviour | On or near Loxley Gardens | |
| Feb 2024 | Anti-social behaviour | On or near Cowley Crescent |