£390,134
This estimated value is based upon the latest sale price for the house of £350,000 on 14 Oct 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£350,000 | 14 Oct 2021 |
£264,000 | 28 May 2008 |
£89,000 | 2 May 1997 |
£78,500 | 12 Jan 1995 |
Semi-Detached |
Freehold |
Floor Area: 123 sq meters or 1,323 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 October 2021 the House Price Index for LANCASHIRE was 134.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 11.467%.Applying this 11.467% change to the original purchase price of £350,000 results in an estimated price of approximately £390,134.
14 Oct 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 149.7 | 11.467 % | £350,000 | £40,134 | £390,134 |
The Postcode Pricing Model uses changes in average sales price within the FY6 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 | -3.606 % | £-12,620 | £337,379 |
3 Month Average | 0.389 % | £1,361 | £351,361 |
6 Month Average | -8.342 % | £-29,198 | £320,801 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £134,121 | £130,000 | 2 CROCUS COURT STATION ROAD |
29 Nov 2023 | £123,125 | £120,000 | 8 CROCUS COURT STATION ROAD |
4 Aug 2023 | £356,378 | £349,950 | 1 FAIRLIE TERRACE |
28 Apr 2023 | £254,765 | £250,000 | 32B PARK ROAD |
13 Jan 2023 | £312,836 | £312,000 | 34 PARK ROAD |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 1 Jun 2021. Using an estimated price of £390,134 means this house is valued at £3,171 per sq meter (£294 per sq foot).
The average size of a house on PARK ROAD is 120 sq meters (1,299 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Park Road |
Jun 2024 | Anti-social behaviour | On or near Park Road | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Park Road |
Jun 2024 | Anti-social behaviour | On or near Park Road | |
May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Road |