£218,056
This estimated value is based upon the latest sale price for the house of £40,000 on 5 Sep 1996. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £40,000 | 5 Sep 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 60 sq meters or 645 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 September 1996 the House Price Index for LANCASHIRE was 26.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 445.141%.Applying this 445.141% change to the original purchase price of £40,000 results in an estimated price of approximately £218,056.
| 5 Sep 1996 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.9 | 146.7 | 445.141 % | £40,000 | £178,056 | £218,056 |
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 | 165.585 % | £66,234 | £106,234 |
| 3 Month Average | 264.482 % | £105,792 | £145,792 |
| 6 Month Average | 263.913 % | £105,565 | £145,565 |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 5 Sep 2013.
The average size of a house on PRESTON ROAD is 90 sq meters (972 sq feet).
This house is the smallest in the street with a floor area of 60 sq meters (645 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Lane |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Lane |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Dec 2023 | Other theft | Unable to prosecute suspect | On or near Petrol Station |
| Dec 2023 | Other theft | Local resolution | On or near Petrol Station |