£172,690
This estimated value is based upon the latest sale price for the house of £130,000 on 30 Sep 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£130,000 | 30 Sep 2016 |
Semi-Detached |
Freehold |
Floor Area: 93 sq meters or 1,001 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 September 2016 the House Price Index for LANCASHIRE was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £130,000 results in an estimated price of approximately £172,690.
30 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 148.6 | 32.839 % | £130,000 | £42,690 | £172,690 |
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 | -2.865 % | £-3,724 | £126,275 |
3 Month Average | -7.554 % | £-9,820 | £120,179 |
6 Month Average | 14.812 % | £19,255 | £149,255 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jul 2023 | £182,405 | £179,950 | 5 LOWER MANOR LANE |
28 Apr 2023 | £229,471 | £227,000 | 12 LOWER MANOR LANE |
27 Feb 2023 | £234,842 | £235,000 | 64 LOWER MANOR LANE |
28 Oct 2022 | £176,599 | £178,500 | 140 LOWER MANOR LANE |
10 Aug 2022 | £259,302 | £260,000 | 22 LOWER MANOR LANE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 25 Jul 2016. Using an estimated price of £172,691 means this house is valued at £1,856 per sq meter (£172 per sq foot).
The average size of a house on LOWER MEAD DRIVE is 85 sq meters (918 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Lower Mead Drive |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lower Mead Drive |
Mar 2024 | Anti-social behaviour | On or near Lower Manor Lane | |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lower Manor Lane |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lower Manor Lane |