£351,281
This estimated value is based upon the latest sale price for the house of £325,000 on 22 Jun 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £325,000 | 22 Jun 2021 |
| Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 2021 the House Price Index for LANCASHIRE was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £325,000 results in an estimated price of approximately £351,281.
| 22 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £325,000 | £26,281 | £351,281 |
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 | -27.470 % | £-89,277 | £235,722 |
| 3 Month Average | 13.047 % | £42,401 | £367,401 |
| 6 Month Average | 10.686 % | £34,731 | £359,731 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £340,462 | £330,000 | 6 ASTLEY COURT |
| 8 Dec 2023 | £381,730 | £370,000 | 7 PIERCE CLOSE |
| 22 Jul 2022 | £257,581 | £255,000 | 8 LEIGHTON DRIVE |
| 13 May 2022 | £334,720 | £326,000 | 6 GREYTHWAITE COURT |
| 20 Dec 2021 | £377,704 | £349,950 | 3 CLEVELAND DRIVE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 4 Sep 2019. Using an estimated price of £351,282 means this house is valued at £3,512 per sq meter (£326 per sq foot).
There is one other house on the street which we know the size of, this is 6 GREYTHWAITE COURT it is 122.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Under investigation | On or near Cleveland Drive |
| May 2024 | Violence and sexual offences | Local resolution | On or near Towneley Close |
| May 2024 | Violence and sexual offences | Local resolution | On or near Towneley Close |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Towneley Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Towneley Close |