£427,208
This estimated value is based upon the latest sale price for the house of £361,500 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 |
|---|---|
| £361,500 | 23 Oct 2020 |
| £284,000 | 7 Oct 2016 |
| Semi-Detached |
| Leasehold |
| Floor Area: 184 sq meters or 1,980 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 2020 the House Price Index for LANCASHIRE was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £361,500 results in an estimated price of approximately £427,208.
| 23 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £361,500 | £65,708 | £427,208 |
The Postcode Pricing Model uses changes in average sales price within the FY8 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 | -18.114 % | £-65,481 | £296,018 |
| 3 Month Average | 4.905 % | £17,731 | £379,231 |
| 6 Month Average | 3.131 % | £11,320 | £372,820 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £550,000 | £550,000 | 14 BALMORAL ROAD |
| 25 Aug 2023 | £366,612 | £360,000 | 19 BALMORAL ROAD |
| 4 Aug 2023 | £453,173 | £445,000 | 5 OSBORNE ROAD |
| 24 Mar 2023 | £86,444 | £85,000 | FLAT 3 231 CLIFTON DRIVE SOUTH |
| 2 Mar 2023 | £457,643 | £450,000 | 183 ST ANDREWS ROAD SOUTH |
This house has a floor area of 184 sq meters or 1,980 sq feet when measured on 5 Aug 2016. Using an estimated price of £427,209 means this house is valued at £2,321 per sq meter (£215 per sq foot).
The average size of a house on OSBORNE ROAD is 187 sq meters (2,018 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Osborne Road | |
| Sep 2024 | Anti-social behaviour | On or near Osborne Road | |
| Sep 2024 | Public order | Local resolution | On or near Queen'S Road |
| Sep 2024 | Vehicle crime | Under investigation | On or near Balmoral Road |