£237,927
This estimated value is based upon the latest sale price for the house of £191,183 on 31 Jan 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £191,183 | 31 Jan 2019 |
| £168,988 | 28 Feb 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 January 2019 the House Price Index for LANCASHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £191,183 results in an estimated price of approximately £237,927.
| 31 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £191,183 | £46,744 | £237,927 |
The Postcode Pricing Model uses changes in average sales price within the LA5 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 | -4.974 % | £-9,508 | £181,674 |
| 3 Month Average | 34.631 % | £66,207 | £257,390 |
| 6 Month Average | 27.825 % | £53,196 | £244,379 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Sep 2024 | £145,000 | £145,000 | 119 LANCASTER ROAD |
| 29 Nov 2023 | £164,578 | £160,400 | FLAT 34 KEERFORD VIEW, 152 LANCASTER ROAD |
| 5 Apr 2023 | £162,311 | £159,275 | 27 VICTORIA STREET |
| 29 Jun 2022 | £274,364 | £268,499 | FLAT 24 KEERFORD VIEW, 152 LANCASTER ROAD |
| 27 May 2022 | £169,414 | £165,000 | 64 LANCASTER ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 18 Dec 2017. Using an estimated price of £237,927 means this house is valued at £4,248 per sq meter (£394 per sq foot).
The average size of a house on LANCASTER ROAD is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queen Street |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Queen Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Jul 2024 | Anti-social behaviour | On or near Petrol Station |