£381,601
This estimated value is based upon the latest sale price for the house of £217,000 on 27 Nov 2009. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £217,000 | 27 Nov 2009 |
| £200,000 | 6 Jun 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 110 sq meters or 1,187 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 November 2009 the House Price Index for LANCASHIRE was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.853%.Applying this 75.853% change to the original purchase price of £217,000 results in an estimated price of approximately £381,601.
| 27 Nov 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 149.7 | 75.853 % | £217,000 | £164,601 | £381,601 |
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 | -8.656 % | £-18,784 | £198,215 |
| 3 Month Average | 23.880 % | £51,819 | £268,819 |
| 6 Month Average | 32.998 % | £71,606 | £288,606 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2024 | £209,500 | £209,500 | 20 CRAG BANK CRESCENT |
| 8 Mar 2024 | £174,684 | £172,000 | 32 LONGFIELD DRIVE |
| 28 Oct 2022 | £393,685 | £395,000 | 14 CRAG BANK ROAD |
| 8 Aug 2022 | £265,743 | £264,500 | 53 CRAG BANK ROAD |
| 8 Aug 2022 | £246,151 | £245,000 | 4 CRAG BANK ROAD |
This house has a floor area of 110 sq meters or 1,187 sq feet when measured on 20 Nov 2008. Using an estimated price of £381,601 means this house is valued at £3,458 per sq meter (£321 per sq foot).
The average size of a house on LANCASTER ROAD is 91 sq meters (981 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Crag Bank Crescent | |
| Sep 2024 | Anti-social behaviour | On or near Crag Bank Crescent | |
| Sep 2024 | Anti-social behaviour | On or near Crag Bank Crescent | |
| Sep 2024 | Anti-social behaviour | On or near Crag Bank Crescent | |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Longmere Crescent |