£233,058
This estimated value is based upon the latest sale price for the house of £188,000 on 23 Aug 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £188,000 | 23 Aug 2019 |
| Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 August 2019 the House Price Index for LANCASHIRE was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £188,000 results in an estimated price of approximately £233,058.
| 23 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £188,000 | £45,058 | £233,058 |
The Postcode Pricing Model uses changes in average sales price within the OL13 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 | 60.204 % | £113,184 | £301,184 |
| 3 Month Average | 85.620 % | £160,966 | £348,966 |
| 6 Month Average | 46.204 % | £86,864 | £274,864 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £317,759 | £315,000 | 1 REPTON CLOSE |
| 16 Nov 2022 | £323,487 | £325,000 | 16 SANDBY CLOSE |
| 29 Sep 2022 | £291,805 | £292,000 | 4 REPTON CLOSE |
| 2 Sep 2022 | £214,856 | £215,000 | 14 COTMAN CLOSE |
| 28 Jun 2022 | £205,390 | £201,000 | 57 RAMSEY AVENUE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 4 Oct 2018. Using an estimated price of £233,059 means this house is valued at £2,453 per sq meter (£227 per sq foot).
The average size of a house on FARRINGTON ROAD is 95 sq meters (1,027 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Repton Close | |
| Aug 2024 | Anti-social behaviour | On or near Farrington Road | |
| Aug 2024 | Anti-social behaviour | On or near Farrington Road | |
| Aug 2024 | Anti-social behaviour | On or near Farrington Road | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Sandby Close |