£98,299
This estimated value is based upon the latest sale price for the house of £80,000 on 24 Jan 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £80,000 | 24 Jan 2020 |
| Terraced |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 January 2020 the House Price Index for LANCASHIRE was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £80,000 results in an estimated price of approximately £98,299.
| 24 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £80,000 | £18,299 | £98,299 |
The Postcode Pricing Model uses changes in average sales price within the OL13 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 | 13.049 % | £10,439 | £90,439 |
| 3 Month Average | 36.936 % | £29,548 | £109,548 |
| 6 Month Average | 31.039 % | £24,830 | £104,830 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jul 2024 | £385,000 | £385,000 | WINTERLEIGH MILL LANE |
| 17 Aug 2023 | £397,163 | £390,000 | 8 HAZEL GROVE |
| 2 Aug 2023 | £274,959 | £270,000 | 42 OAKENCLOUGH ROAD |
| 28 Mar 2023 | £186,464 | £183,350 | 7 OAKENCLOUGH ROAD |
| 23 Mar 2023 | £97,630 | £96,000 | 51 ROSENDALE CRESCENT |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 27 Sep 2019. Using an estimated price of £98,299 means this house is valued at £1,560 per sq meter (£144 per sq foot).
There is one other house on the street which we know the size of, this is 2 ARTHUR STREET it is 96.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arthur Street |
| Jul 2024 | Vehicle crime | Under investigation | On or near Greave Road |