£252,631
This estimated value is based upon the latest sale price for the house of £218,500 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£218,500 | 18 Dec 2020 |
£186,500 | 14 May 2015 |
£175,000 | 13 Aug 2012 |
£170,000 | 23 Nov 2006 |
£60,000 | 25 Feb 2000 |
Terraced |
Freehold |
Floor Area: 90 sq meters or 976 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 2020 the House Price Index for LANCASHIRE was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £218,500 results in an estimated price of approximately £252,631.
18 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £218,500 | £34,131 | £252,631 |
The Postcode Pricing Model uses changes in average sales price within the LA1 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 | -18.519 % | £-40,464 | £178,035 |
3 Month Average | 17.606 % | £38,468 | £256,968 |
6 Month Average | 10.986 % | £24,005 | £242,505 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Apr 2024 | £191,664 | £190,000 | 21 COVERDALE ROAD |
22 Mar 2023 | £133,225 | £131,000 | 50 WILLOW LANE |
19 Jan 2023 | £167,447 | £167,000 | 13 MILKING STILE LANE |
27 May 2022 | £184,815 | £180,000 | 22 MILKING STILE LANE |
10 May 2022 | £225,885 | £220,000 | 39 COVERDALE ROAD |
This house has a floor area of 90 sq meters or 976 sq feet when measured on 4 Aug 2011. Using an estimated price of £252,632 means this house is valued at £2,784 per sq meter (£258 per sq foot).
The average size of a house on MILKING STILE LANE is 102 sq meters (1,100 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Milking Stile Lane | |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Cavendish Street |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cavendish Street |