£86,580
This estimated value is based upon the latest sale price for the house of £50,000 on 24 Jan 2012. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £50,000 | 24 Jan 2012 |
| Terraced |
| Freehold |
| Floor Area: 104 sq meters or 1,123 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 January 2012 the House Price Index for LANCASHIRE was 86.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.160%.Applying this 73.160% change to the original purchase price of £50,000 results in an estimated price of approximately £86,580.
| 24 Jan 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 149.7 | 73.160 % | £50,000 | £36,580 | £86,580 |
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 | 30.740 % | £15,369 | £65,369 |
| 3 Month Average | 54.355 % | £27,177 | £77,177 |
| 6 Month Average | 48.464 % | £24,231 | £74,231 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £363,154 | £360,000 | 199 NEW LINE |
| 14 Dec 2023 | £67,061 | £65,000 | 173 NEW LINE |
| 30 Jun 2023 | £163,221 | £159,950 | 424 ROCHDALE ROAD |
| 28 Apr 2023 | £147,764 | £145,000 | 19 NELSON STREET |
| 14 Feb 2023 | £87,585 | £87,000 | 149 NEW LINE |
This house has a floor area of 104 sq meters or 1,123 sq feet when measured on 3 Jun 2011. Using an estimated price of £86,580 means this house is valued at £829 per sq meter (£77 per sq foot).
The average size of a house on NEW LINE is 87 sq meters (944 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Sarah Street | |
| Sep 2024 | Vehicle crime | Under investigation | On or near Sarah Street |
| Aug 2024 | Anti-social behaviour | On or near Sarah Street | |
| Aug 2024 | Anti-social behaviour | On or near Sarah Street | |
| Aug 2024 | Anti-social behaviour | On or near Sarah Street |