£94,985
This estimated value is based upon the latest sale price for the house of £77,000 on 17 Dec 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There have been two burglaries within the last year on or near Morrison Street
More crime details
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| Price Paid | Date |
|---|---|
| £77,000 | 17 Dec 2018 |
| Terraced |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 2018 the House Price Index for LANCASHIRE was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £77,000 results in an estimated price of approximately £94,985.
| 17 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £77,000 | £17,985 | £94,985 |
The Postcode Pricing Model uses changes in average sales price within the PR6 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 | 21.650 % | £16,670 | £93,670 |
| 3 Month Average | 16.072 % | £12,375 | £89,375 |
| 6 Month Average | 31.538 % | £24,284 | £101,284 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £106,360 | £105,000 | 25 BEACONSFIELD TERRACE |
| 18 Aug 2023 | £95,334 | £94,500 | 16 VICTORIA TERRACE |
| 2 Aug 2023 | £137,705 | £136,500 | 6 GARFIELD TERRACE |
| 21 Jul 2023 | £135,321 | £133,500 | 8 BANNERMAN TERRACE |
| 22 Jun 2023 | £100,214 | £99,000 | 33 BEACONSFIELD TERRACE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 21 May 2018. Using an estimated price of £94,986 means this house is valued at £1,319 per sq meter (£122 per sq foot).
The average size of a house on SPRINGS ROAD is 84 sq meters (912 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Under investigation | On or near Morrison Street |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Morrison Street |