£338,561
This estimated value is based upon the latest sale price for the house of £253,500 on 24 Jun 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£253,500 | 24 Jun 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 88 sq meters or 948 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 June 2016 the House Price Index for LANCASHIRE was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £253,500 results in an estimated price of approximately £338,561.
24 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.3 | 148.6 | 33.555 % | £253,500 | £85,061 | £338,561 |
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 | 11.761 % | £29,814 | £283,314 |
3 Month Average | 0.149 % | £378 | £253,878 |
6 Month Average | 12.275 % | £31,116 | £284,616 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £279,897 | £275,000 | FLAT 10 THE SPINNAKERS, 87 SOUTH PROMENADE |
24 Jun 2022 | £147,028 | £144,950 | 212 SCHOLARS COURT KINGS ROAD |
6 Jun 2022 | £218,082 | £215,000 | FLAT 6 QUAY WEST, 91 SOUTH PROMENADE |
16 Feb 2022 | £187,716 | £179,000 | FLAT 2 QUAY WEST, 91 SOUTH PROMENADE |
25 Oct 2021 | £132,777 | £120,000 | 409 SCHOLARS COURT KINGS ROAD |
This house has a floor area of 88 sq meters or 948 sq feet when measured on 15 Nov 2008. Using an estimated price of £338,562 means this house is valued at £3,842 per sq meter (£356 per sq foot).
The average size of a house on SOUTH PROMENADE is 118 sq meters (1,278 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Links Road |
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Links Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Links Road |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Fairhaven Road |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near King'S Road |