£241,263
This estimated value is based upon the latest sale price for the house of £206,500 on 23 Oct 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £206,500 | 23 Oct 2020 |
| £180,000 | 20 Nov 2015 |
| £141,500 | 8 Dec 2006 |
| £109,950 | 31 Oct 2005 |
| £100,000 | 8 Mar 2004 |
| Terraced |
| Freehold |
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 October 2020 the House Price Index for LANCASHIRE was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £206,500 results in an estimated price of approximately £241,263.
| 23 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £206,500 | £34,763 | £241,263 |
The Postcode Pricing Model uses changes in average sales price within the PR6 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 | -5.948 % | £-12,283 | £194,216 |
| 3 Month Average | 10.438 % | £21,555 | £228,055 |
| 6 Month Average | 28.763 % | £59,395 | £265,895 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £160,028 | £157,000 | 214 CHORLEY OLD ROAD |
| 11 Jan 2023 | £160,639 | £162,050 | 42 DEREK ROAD |
| 30 Sep 2022 | £177,837 | £180,000 | 63 DEREK ROAD |
| 24 Aug 2022 | £203,624 | £205,000 | 1 LORD STREET |
| 23 Jun 2022 | £209,625 | £207,500 | 173 CHORLEY OLD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Derek Road | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Derek Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mill Lane |
| Jan 2024 | Anti-social behaviour | On or near Supermarket | |
| Jan 2024 | Shoplifting | Under investigation | On or near Supermarket |