£192,116
This estimated value is based upon the latest sale price for the house of £60,000 on 26 Oct 2001. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £60,000 | 26 Oct 2001 |
| £71,000 | 6 Apr 1998 |
| Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 2001 the House Price Index for LANCASHIRE was 45.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 220.194%.Applying this 220.194% change to the original purchase price of £60,000 results in an estimated price of approximately £192,116.
| 26 Oct 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 45.8 | 146.7 | 220.194 % | £60,000 | £132,116 | £192,116 |
The Postcode Pricing Model uses changes in average sales price within the LA4 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 | 275.381 % | £165,228 | £225,228 |
| 3 Month Average | 144.188 % | £86,512 | £146,512 |
| 6 Month Average | 225.830 % | £135,497 | £195,497 |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 14 Aug 2019.
The average size of a house on BALMORAL ROAD is 92 sq meters (995 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Regent Park Grove |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albany Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Westminster Avenue |
| Mar 2024 | Drugs | Under investigation | On or near Westminster Avenue |
| Jan 2024 | Anti-social behaviour | On or near Westminster Avenue |