£700,489
This estimated value is based upon the latest sale price for the house of £575,000 on 29 May 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £575,000 | 29 May 2020 |
| £310,000 | 15 Mar 2002 |
| Detached |
| Freehold |
| Floor Area: 193 sq meters or 2,077 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 Apr 2024 is 148.0 which is a change of 21.824%.Applying this 21.824% change to the original purchase price of £575,000 results in an estimated price of approximately £700,489.
| 29 May 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.824 % | £575,000 | £125,489 | £700,489 |
The Postcode Pricing Model uses changes in average sales price within the L39 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 | 68.538 % | £394,094 | £969,094 |
| 3 Month Average | 11.083 % | £63,725 | £638,725 |
| 6 Month Average | 17.337 % | £99,685 | £674,685 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £285,399 | £280,000 | 66 REDSANDS |
| 11 Dec 2023 | £500,468 | £491,000 | 11 SPINNEY CLOSE |
| 24 Nov 2023 | £278,576 | £275,000 | 44 REDSANDS |
| 4 Apr 2023 | £544,044 | £540,000 | 2 WOODFIELD ROAD |
| 16 Jan 2023 | £319,196 | £322,000 | 28 REDSANDS |
This house has a floor area of 193 sq meters or 2,077 sq feet when measured on 13 Aug 2019. Using an estimated price of £700,489 means this house is valued at £3,629 per sq meter (£337 per sq foot).
The average size of a house on PRESCOT ROAD is 148 sq meters (1,603 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Spinney Close |
| Mar 2024 | Anti-social behaviour | On or near Spinney Close | |
| Mar 2024 | Anti-social behaviour | On or near Spinney Close | |
| Feb 2024 | Anti-social behaviour | On or near Rose Place | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rose Place |