£419,791
This estimated value is based upon the latest sale price for the house of £274,750 on 25 Jul 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £274,750 | 25 Jul 2014 |
| Detached |
| Freehold |
| Floor Area: 153 sq meters or 1,646 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 2014 the House Price Index for LANCASHIRE was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £274,750 results in an estimated price of approximately £419,791.
| 25 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £274,750 | £145,041 | £419,791 |
The Postcode Pricing Model uses changes in average sales price within the L39 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 | 59.392 % | £163,179 | £437,929 |
| 3 Month Average | 33.444 % | £91,888 | £366,638 |
| 6 Month Average | 39.136 % | £107,526 | £382,276 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £499,744 | £491,000 | 11 SPINNEY CLOSE |
| 11 Aug 2023 | £287,515 | £285,000 | 13 WIMBRICK CRESCENT |
| 4 Apr 2023 | £545,878 | £540,000 | 2 WOODFIELD ROAD |
| 9 Mar 2023 | £287,711 | £285,000 | 14 MILMAN CLOSE |
| 3 Mar 2023 | £317,996 | £315,000 | 1 MILMAN CLOSE |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 25 Jan 2014. Using an estimated price of £419,792 means this house is valued at £2,743 per sq meter (£254 per sq foot).
The average size of a house on WOODFIELD ROAD is 187 sq meters (2,015 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Woodfield Road |
| Mar 2024 | Anti-social behaviour | On or near Spinney Close | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Milman Close |
| Jan 2024 | Anti-social behaviour | On or near Tarn Brow | |
| Jan 2024 | Anti-social behaviour | On or near Tarn Brow |