£179,233
This estimated value is based upon the latest sale price for the house of £115,750 on 6 Jun 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £115,750 | 6 Jun 2014 |
| £50,000 | 13 Nov 1998 |
| Semi-Detached |
| Leasehold |
| Floor Area: 66 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 June 2014 the House Price Index for LANCASHIRE was 96.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 54.845%.Applying this 54.845% change to the original purchase price of £115,750 results in an estimated price of approximately £179,233.
| 6 Jun 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.7 | 149.7 | 54.845 % | £115,750 | £63,483 | £179,233 |
The Postcode Pricing Model uses changes in average sales price within the OL13 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 | 12.790 % | £14,804 | £130,554 |
| 3 Month Average | 76.282 % | £88,295 | £204,045 |
| 6 Month Average | 58.169 % | £67,330 | £183,080 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £1,462,702 | £1,450,000 | UNIT 1 PIPPIN BANK |
| 27 Mar 2024 | £248,823 | £245,000 | 9 THE SQUARE |
| 2 Jun 2023 | £224,499 | £220,000 | 25 ROCKCLIFFE AVENUE |
| 24 Jun 2022 | £214,587 | £210,000 | 81 BANKSIDE LANE |
| 6 Jun 2022 | £439,392 | £430,000 | 107 BANKSIDE LANE |
This house has a floor area of 66 sq meters or 721 sq feet when measured on 24 Mar 2012. Using an estimated price of £179,233 means this house is valued at £2,675 per sq meter (£248 per sq foot).
The average size of a house on BANKSIDE LANE is 125 sq meters (1,345 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other crime | Unable to prosecute suspect | On or near Rockcliffe Drive |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Rockcliffe Drive |
| Sep 2024 | Anti-social behaviour | On or near Rockcliffe Avenue | |
| Sep 2024 | Anti-social behaviour | On or near Rockcliffe Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Rockcliffe Avenue |