£187,612
This estimated value is based upon the latest sale price for the house of £116,000 on 23 Mar 2007. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£116,000 | 23 Mar 2007 |
£61,600 | 10 Sep 2003 |
Detached |
Freehold |
Floor Area: 54 sq meters or 581 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 March 2007 the House Price Index for LANCASHIRE was 91.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 61.735%.Applying this 61.735% change to the original purchase price of £116,000 results in an estimated price of approximately £187,612.
23 Mar 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
91.9 | 148.6 | 61.735 % | £116,000 | £71,612 | £187,612 |
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 | 164.250 % | £190,529 | £306,529 |
3 Month Average | 28.629 % | £33,209 | £149,209 |
6 Month Average | 41.037 % | £47,603 | £163,603 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £487,213 | £480,000 | 7 GLENEAGLES DRIVE |
11 Aug 2023 | £141,236 | £140,000 | 2 LYTHAM CLOSE |
11 Jul 2023 | £430,798 | £425,000 | 9 CEDARWOOD PLACE |
7 Apr 2022 | £111,218 | £108,000 | 26 WENTWORTH DRIVE |
24 Mar 2022 | £259,066 | £250,000 | 16 GLENEAGLES DRIVE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 17 Sep 2013. Using an estimated price of £187,612 means this house is valued at £3,474 per sq meter (£322 per sq foot).
The average size of a house on LYTHAM CLOSE is 67 sq meters (729 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Woodlea Court |
Feb 2024 | Violence and sexual offences | Local resolution | On or near Woodlea Court |
Feb 2024 | Anti-social behaviour | On or near Oakland Close | |
Feb 2024 | Anti-social behaviour | On or near Oakland Close | |
Feb 2024 | Anti-social behaviour | On or near Oakland Close |