£490,031
This estimated value is based upon the latest sale price for the house of £295,000 on 15 Jul 2013. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £295,000 | 15 Jul 2013 |
| Detached |
| Leasehold |
| Floor Area: 122 sq meters or 1,313 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 July 2013 the House Price Index for LANCASHIRE was 89.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.112%.Applying this 66.112% change to the original purchase price of £295,000 results in an estimated price of approximately £490,031.
| 15 Jul 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 148.6 | 66.112 % | £295,000 | £195,031 | £490,031 |
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 | 26.703 % | £78,772 | £373,772 |
| 3 Month Average | 19.026 % | £56,127 | £351,127 |
| 6 Month Average | 23.383 % | £68,980 | £363,980 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £346,027 | £343,000 | 6 LARCHWOOD CLOSE |
| 19 Apr 2023 | £303,215 | £299,950 | 4 NORTHWOOD CLOSE |
| 30 Aug 2022 | £423,859 | £425,000 | 12 BROADWOOD WAY |
| 22 Jul 2022 | £310,837 | £310,000 | 9 NORTHWOOD CLOSE |
| 15 Jul 2022 | £295,796 | £295,000 | 6 BROADWOOD WAY |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 15 Mar 2013. Using an estimated price of £490,031 means this house is valued at £4,016 per sq meter (£373 per sq foot).
The average size of a house on LARCHWOOD CLOSE is 159 sq meters (1,716 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Elmswood Close | |
| Feb 2024 | Anti-social behaviour | On or near Elmswood Close | |
| Mar 2024 | Vehicle crime | Under investigation | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cedarwood Close |