£167,864
This estimated value is based upon the latest sale price for the house of £125,000 on 6 May 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£125,000 | 6 May 2016 |
£130,000 | 29 Apr 2016 |
£69,500 | 28 Jun 2002 |
£68,500 | 19 Dec 2000 |
Semi-Detached |
Leasehold |
Floor Area: 68 sq meters or 731 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 May 2016 the House Price Index for LANCASHIRE was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £125,000 results in an estimated price of approximately £167,864.
6 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 148.6 | 34.292 % | £125,000 | £42,864 | £167,864 |
The Postcode Pricing Model uses changes in average sales price within the FY5 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 | 17.165 % | £21,456 | £146,456 |
3 Month Average | 26.382 % | £32,977 | £157,977 |
6 Month Average | 31.470 % | £39,337 | £164,337 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Sep 2022 | £164,174 | £165,500 | 3 HOPE CLOSE |
22 Jul 2022 | £236,637 | £236,000 | 3 MALLOWDALE |
11 Jan 2022 | £257,840 | £245,000 | 2 ROSE FOLD |
1 Nov 2021 | £95,173 | £88,000 | 13 WEMBLEY ROAD |
10 Sep 2021 | £242,458 | £225,000 | 19 ROSE FOLD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 23 Jun 2015. Using an estimated price of £167,864 means this house is valued at £2,468 per sq meter (£229 per sq foot).
The average size of a house on HOPE CLOSE is 82 sq meters (888 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Honey Moor Drive |
Mar 2024 | Criminal damage and arson | Offender given a caution | On or near Honey Moor Drive |
Mar 2024 | Drugs | Local resolution | On or near Honey Moor Drive |
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Peace Place |
Mar 2024 | Anti-social behaviour | On or near Walker Way |