£142,009
This estimated value is based upon the latest sale price for the house of £115,000 on 4 Sep 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£115,000 | 4 Sep 2018 |
Terraced |
Freehold |
Floor Area: 48 sq meters or 516 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 2018 the House Price Index for LANCASHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £115,000 results in an estimated price of approximately £142,009.
4 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.487 % | £115,000 | £27,009 | £142,009 |
The Postcode Pricing Model uses changes in average sales price within the LA1 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 | 117.284 % | £134,876 | £249,876 |
3 Month Average | 0.965 % | £1,110 | £116,110 |
6 Month Average | 18.245 % | £20,981 | £135,981 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £132,315 | £130,000 | 6 TARBET STREET |
25 Aug 2023 | £161,513 | £160,100 | 4 SAMUELS COURT |
24 Aug 2023 | £226,986 | £225,000 | 65 MOORGATE |
20 Jun 2023 | £143,741 | £142,000 | 15 GREGSON ROAD |
13 Mar 2023 | £135,274 | £134,000 | 54 MELROSE STREET |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 17 Apr 2015. Using an estimated price of £142,010 means this house is valued at £2,958 per sq meter (£274 per sq foot).
The average size of a house on MELROSE STREET is 49 sq meters (535 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Melrose Street |
Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Melrose Street |
Feb 2024 | Violence and sexual offences | Local resolution | On or near Melrose Street |
Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Melrose Street |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Gregson Road |