£180,158
This estimated value is based upon the latest sale price for the house of £131,000 on 8 Feb 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £131,000 | 8 Feb 2016 |
| £131,000 | 7 May 2010 |
| £105,000 | 27 Aug 2004 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 711 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 February 2016 the House Price Index for LANCASHIRE was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £131,000 results in an estimated price of approximately £180,158.
| 8 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 149.7 | 37.526 % | £131,000 | £49,158 | £180,158 |
The Postcode Pricing Model uses changes in average sales price within the LA1 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 | 19.949 % | £26,133 | £157,133 |
| 3 Month Average | 10.587 % | £13,868 | £144,868 |
| 6 Month Average | 20.998 % | £27,506 | £158,506 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £107,735 | £105,000 | 41 DORRINGTON ROAD |
| 21 Nov 2023 | £110,813 | £108,000 | 91 DORRINGTON ROAD |
| 2 Nov 2023 | £210,339 | £205,000 | 13 FRANKLIN STREET |
| 15 Sep 2023 | £212,689 | £208,000 | 4 FRANKLIN STREET |
| 6 Apr 2023 | £150,821 | £148,000 | 14 FRANKLIN STREET |
This house has a floor area of 66 sq meters or 711 sq feet when measured on 21 Mar 2009. Using an estimated price of £180,159 means this house is valued at £2,725 per sq meter (£253 per sq foot).
The average size of a house on DORRINGTON ROAD is 70 sq meters (760 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sports/Recreation Area |
| Sep 2024 | Bicycle theft | Awaiting court outcome | On or near Gillow Court |
| Sep 2024 | Other crime | Under investigation | On or near Gillow Court |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Gillow Court |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Gillow Court |