£196,083
This estimated value is based upon the latest sale price for the house of £125,000 on 16 Apr 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 16 Apr 2014 |
| £130,000 | 16 Oct 2007 |
| £84,950 | 11 Apr 2003 |
| £55,000 | 25 Oct 2001 |
| £39,000 | 7 Jun 1996 |
| £44,000 | 26 Jan 1996 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 April 2014 the House Price Index for LANCASHIRE was 95.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.867%.Applying this 56.867% change to the original purchase price of £125,000 results in an estimated price of approximately £196,083.
| 16 Apr 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 149.7 | 56.867 % | £125,000 | £71,083 | £196,083 |
The Postcode Pricing Model uses changes in average sales price within the LA5 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 | 9.720 % | £12,150 | £137,150 |
| 3 Month Average | 41.561 % | £51,951 | £176,951 |
| 6 Month Average | 38.034 % | £47,541 | £172,541 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2024 | £145,000 | £145,000 | 119 LANCASTER ROAD |
| 29 Nov 2023 | £164,578 | £160,400 | FLAT 34 KEERFORD VIEW, 152 LANCASTER ROAD |
| 5 Apr 2023 | £162,311 | £159,275 | 27 VICTORIA STREET |
| 29 Jun 2022 | £274,364 | £268,499 | FLAT 24 KEERFORD VIEW, 152 LANCASTER ROAD |
| 27 May 2022 | £169,414 | £165,000 | 64 LANCASTER ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 11 Sep 2013. Using an estimated price of £196,083 means this house is valued at £2,000 per sq meter (£185 per sq foot).
The average size of a house on LANCASTER ROAD is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Jul 2024 | Anti-social behaviour | On or near Petrol Station | |
| Jul 2024 | Anti-social behaviour | On or near Petrol Station | |
| Jul 2024 | Anti-social behaviour | On or near Petrol Station |