£137,203
This estimated value is based upon the latest sale price for the house of £96,000 on 28 Sep 2015. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£96,000 | 28 Sep 2015 |
£96,000 | 25 Oct 2005 |
Terraced |
Freehold |
Floor Area: 115 sq meters or 1,237 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 2015 the House Price Index for LANCASHIRE was 104.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 42.921%.Applying this 42.921% change to the original purchase price of £96,000 results in an estimated price of approximately £137,203.
28 Sep 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
104.7 | 149.7 | 42.921 % | £96,000 | £41,203 | £137,203 |
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 | -13.865 % | £-13,310 | £82,689 |
3 Month Average | 32.408 % | £31,111 | £127,111 |
6 Month Average | 28.388 % | £27,252 | £123,252 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Dec 2023 | £82,536 | £80,000 | 28 MORECAMBE STREET |
17 Oct 2023 | £40,930 | £40,000 | 9 GREEN STREET |
17 Feb 2023 | £127,854 | £127,000 | 26 MORECAMBE STREET |
31 Jan 2023 | £100,268 | £100,000 | 3 GARNETT STREET |
30 Jan 2023 | £85,228 | £85,000 | 5 STANLEY STREET |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 2 Nov 2016. Using an estimated price of £137,204 means this house is valued at £1,193 per sq meter (£110 per sq foot).
The average size of a house on MORECAMBE STREET is 81 sq meters (872 sq feet).
This house is the largest in the street with a floor area of 115 sq meters (1,237 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morecambe Street West |
Jul 2024 | Public order | Awaiting court outcome | On or near Morecambe Street West |
Jul 2024 | Other crime | Under investigation | On or near Morecambe Street West |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Morecambe Street West |
Jun 2024 | Drugs | Under investigation | On or near Morecambe Street West |