£467,397
This estimated value is based upon the latest sale price for the house of £87,000 on 20 Dec 1996. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £87,000 | 20 Dec 1996 |
| Terraced |
| Freehold |
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 December 1996 the House Price Index for LANCASHIRE was 27.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 437.239%.Applying this 437.239% change to the original purchase price of £87,000 results in an estimated price of approximately £467,397.
| 20 Dec 1996 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.5 | 148.0 | 437.239 % | £87,000 | £380,397 | £467,397 |
The Postcode Pricing Model uses changes in average sales price within the L40 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 | 213.380 % | £185,640 | £272,640 |
| 3 Month Average | 314.186 % | £273,342 | £360,342 |
| 6 Month Average | 342.888 % | £298,312 | £385,312 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Mar 2024 | £3,010,170 | £3,000,000 | SALT PIT FARM SALT PIT LANE |
| 8 Nov 2023 | £774,949 | £765,000 | 15 RIDLEY LANE |
| 17 Jan 2023 | £545,161 | £549,950 | LITTLE BLUE STONE COTTAGE BLUE STONE LANE |
| 14 Nov 2022 | £393,617 | £400,000 | 10 RIDLEY LANE |
| 11 Aug 2022 | £312,886 | £315,000 | KEG HOUSE BRADSHAW LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ridley Lane |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Ridley Lane |
| Feb 2024 | Burglary | Unable to prosecute suspect | On or near Sanderson Lane |
| Mar 2024 | Anti-social behaviour | On or near Hall Green Lane | |
| Mar 2024 | Anti-social behaviour | On or near Hall Green Lane |