£217,849
This estimated value is based upon the latest sale price for the house of £120,000 on 2 Dec 2005. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 2 Dec 2005 |
| Semi-Detached |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 2005 the House Price Index for LANCASHIRE was 82.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 81.541%.Applying this 81.541% change to the original purchase price of £120,000 results in an estimated price of approximately £217,849.
| 2 Dec 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 149.7 | 81.541 % | £120,000 | £97,849 | £217,849 |
The Postcode Pricing Model uses changes in average sales price within the FY8 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 | 13.657 % | £16,388 | £136,388 |
| 3 Month Average | 35.638 % | £42,766 | £162,766 |
| 6 Month Average | 28.856 % | £34,627 | £154,627 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £162,500 | £162,500 | 5 ARNOLD ROAD |
| 14 Mar 2024 | £284,369 | £280,000 | 40 TEWKESBURY DRIVE |
| 16 Oct 2023 | £266,042 | £260,000 | 31 TEWKESBURY DRIVE |
| 27 Jun 2022 | £162,473 | £159,000 | 36 MORNINGTON ROAD |
| 29 Oct 2021 | £176,118 | £158,000 | 6 MORNINGTON ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 7 Nov 2013. Using an estimated price of £217,849 means this house is valued at £3,251 per sq meter (£302 per sq foot).
The average size of a house on PRESTON ROAD is 90 sq meters (972 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Meadow Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Meadow Lane |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Lane |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Meadow Lane |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Lane |