£274,172
This estimated value is based upon the latest sale price for the house of £222,500 on 19 May 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £222,500 | 19 May 2020 |
| Detached |
| Freehold |
| Floor Area: 163 sq meters or 1,754 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 May 2020 the House Price Index for LANCASHIRE was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £222,500 results in an estimated price of approximately £274,172.
| 19 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £222,500 | £51,672 | £274,172 |
The Postcode Pricing Model uses changes in average sales price within the LA4 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 | 53.977 % | £120,099 | £342,599 |
| 3 Month Average | 25.443 % | £56,610 | £279,110 |
| 6 Month Average | 21.748 % | £48,390 | £270,890 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £82,500 | £82,500 | 48A BALMORAL ROAD |
| 18 Oct 2023 | £266,042 | £260,000 | 1A ALBANY ROAD |
| 11 Oct 2023 | £76,743 | £75,000 | 38 REGENT PARK GROVE |
| 28 Apr 2023 | £181,393 | £178,000 | 2 REGENT PARK GROVE |
| 30 Mar 2023 | £88,986 | £87,500 | 54 BALMORAL ROAD |
This house has a floor area of 163 sq meters or 1,754 sq feet when measured on 8 Aug 2014. Using an estimated price of £274,172 means this house is valued at £1,682 per sq meter (£156 per sq foot).
The average size of a house on ALBANY ROAD is 134 sq meters (1,447 sq feet).
This house is the largest in the street with a floor area of 163 sq meters (1,754 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Westminster Avenue |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Westminster Avenue |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Westminster Avenue |
| Apr 2024 | Anti-social behaviour | On or near Westminster Avenue | |
| Apr 2024 | Anti-social behaviour | On or near Westminster Avenue |