£365,617
This estimated value is based upon the latest sale price for the house of £360,000 on 5 Mar 2024. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£360,000 | 5 Mar 2024 |
£275,000 | 15 Jan 2016 |
£176,000 | 7 Nov 2013 |
Terraced |
Freehold |
Floor Area: 117 sq meters or 1,259 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 March 2024 the House Price Index for LANCASHIRE was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £360,000 results in an estimated price of approximately £365,617.
5 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.4 | 149.7 | 1.560 % | £360,000 | £5,617 | £365,617 |
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 | 46.950 % | £169,018 | £529,018 |
3 Month Average | -2.044 % | £-7,356 | £352,643 |
6 Month Average | 0.520 % | £1,871 | £361,871 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Mar 2024 | £365,617 | £360,000 | 15 FRECKLETON STREET |
8 Dec 2023 | £166,104 | £161,000 | 5 PATTERSON COURT |
18 Aug 2023 | £257,647 | £253,000 | 101 WARTON STREET |
22 Mar 2023 | £294,925 | £290,000 | 18 VICTORIA STREET |
24 Feb 2023 | £296,984 | £295,000 | 4 VICTORIA STREET |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 14 Apr 2020. Using an estimated price of £365,617 means this house is valued at £3,124 per sq meter (£290 per sq foot).
The average size of a house on FRECKLETON STREET is 116 sq meters (1,258 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Anti-social behaviour | On or near Freckleton Street | |
Aug 2024 | Anti-social behaviour | On or near Freckleton Street | |
Aug 2024 | Violence and sexual offences | Under investigation | On or near East Cliffe |
Aug 2024 | Violence and sexual offences | Under investigation | On or near East Cliffe |
Jul 2024 | Anti-social behaviour | On or near East Cliffe |