£216,195
This estimated value is based upon the latest sale price for the house of £175,000 on 18 Oct 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £175,000 | 18 Oct 2019 |
| £67,000 | 5 Jul 2002 |
| £47,000 | 19 Nov 1999 |
| £46,000 | 15 Dec 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 October 2019 the House Price Index for LANCASHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £175,000 results in an estimated price of approximately £216,195.
| 18 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £175,000 | £41,195 | £216,195 |
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 | 79.033 % | £138,308 | £313,308 |
| 3 Month Average | 17.634 % | £30,859 | £205,859 |
| 6 Month Average | 9.457 % | £16,549 | £191,549 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £162,500 | £162,500 | 5 ARNOLD ROAD |
| 14 Mar 2024 | £284,369 | £280,000 | 40 TEWKESBURY DRIVE |
| 16 Oct 2023 | £266,042 | £260,000 | 31 TEWKESBURY DRIVE |
| 27 Jun 2022 | £162,473 | £159,000 | 36 MORNINGTON ROAD |
| 29 Oct 2021 | £176,118 | £158,000 | 6 MORNINGTON ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 28 Jun 2019. Using an estimated price of £216,195 means this house is valued at £2,669 per sq meter (£247 per sq foot).
The average size of a house on MEADOW LANE is 131 sq meters (1,415 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Meadow Lane |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Meadow Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Lane |
| Jul 2024 | Violence and sexual offences | Offender given a caution | On or near Oswald Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mornington Road |