£334,622
This estimated value is based upon the latest sale price for the house of £240,000 on 22 Dec 2015. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £240,000 | 22 Dec 2015 |
| £247,500 | 18 Dec 2015 |
| £276,450 | 17 Dec 2007 |
| Terraced |
| Leasehold |
| Floor Area: 114 sq meters or 1,227 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 December 2015 the House Price Index for LANCASHIRE was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £240,000 results in an estimated price of approximately £334,622.
| 22 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £240,000 | £94,622 | £334,622 |
The Postcode Pricing Model uses changes in average sales price within the L39 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 | -19.960 % | £-47,904 | £192,095 |
| 3 Month Average | 9.839 % | £23,613 | £263,613 |
| 6 Month Average | 26.172 % | £62,813 | £302,813 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £233,589 | £230,000 | APARTMENT 15 CRAMLINGTON HOUSE GRAMMAR SCHOOL GARDENS |
| 10 Feb 2023 | £226,463 | £224,950 | 17 MEADOW BANK |
| 15 Aug 2022 | £326,527 | £325,000 | 9 GRAMMAR SCHOOL GARDENS |
| 16 Nov 2021 | £190,666 | £175,000 | 41 MILL STREET |
| 12 Nov 2021 | £89,341 | £82,000 | 37 GRAMMAR SCHOOL GARDENS |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 1 Jul 2013. Using an estimated price of £334,622 means this house is valued at £2,935 per sq meter (£272 per sq foot).
The average size of a house on GRAMMAR SCHOOL GARDENS is 81 sq meters (873 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Other crime | Investigation complete; no suspect identified | On or near Meadow Bank |
| May 2024 | Anti-social behaviour | On or near Meadow Bank | |
| May 2024 | Anti-social behaviour | On or near Meadow Bank | |
| May 2024 | Anti-social behaviour | On or near Meadow Bank | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Bank |