£179,066
This estimated value is based upon the latest sale price for the house of £175,000 on 12 Oct 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £175,000 | 12 Oct 2023 |
| Semi-Detached |
| 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 October 2023 the House Price Index for LANCASHIRE was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £175,000 results in an estimated price of approximately £179,066.
| 12 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £175,000 | £4,066 | £179,066 |
The Postcode Pricing Model uses changes in average sales price within the LA5 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 | -23.038 % | £-40,316 | £134,683 |
| 3 Month Average | -4.206 % | £-7,359 | £167,640 |
| 6 Month Average | 5.244 % | £9,176 | £184,176 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Mar 2024 | £264,057 | £260,000 | 8 ST NICHOLAS LANE |
| 12 Oct 2023 | £179,067 | £175,000 | 10 WESTFIELD DRIVE |
| 16 Jun 2023 | £204,090 | £200,000 | 29 ST NICHOLAS LANE |
| 21 Apr 2023 | £193,622 | £190,000 | 11 HAWTHORN ROAD |
| 31 Jan 2023 | £165,442 | £165,000 | 28 MEREFELL ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westfield Drive |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Alpine View |
| Oct 2024 | Violence and sexual offences | Local resolution | On or near Merefell Road |
| Sep 2024 | Anti-social behaviour | On or near Whin Drive | |
| Sep 2024 | Anti-social behaviour | On or near Whin Drive |