£162,932
This estimated value is based upon the latest sale price for the house of £117,000 on 27 Nov 2015. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £117,000 | 27 Nov 2015 |
| £107,000 | 13 Jul 2012 |
| £82,000 | 8 Apr 2004 |
| £38,495 | 31 Jul 1997 |
| Terraced |
| Freehold |
| Floor Area: 45 sq meters or 490 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 2015 the House Price Index for LANCASHIRE was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £117,000 results in an estimated price of approximately £162,932.
| 27 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 106.7 | 148.6 | 39.258 % | £117,000 | £45,932 | £162,932 |
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 | 16.759 % | £19,607 | £136,607 |
| 3 Month Average | 18.800 % | £21,995 | £138,995 |
| 6 Month Average | 33.472 % | £39,162 | £156,162 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £152,671 | £150,000 | 2 HUTTON WAY |
| 29 Sep 2023 | £119,528 | £118,000 | 46 ATHERTON ROAD |
| 20 Mar 2023 | £113,065 | £112,000 | 48 ATHERTON ROAD |
| 13 Mar 2023 | £126,189 | £125,000 | 18 ATHERTON ROAD |
| 2 Sep 2022 | £109,119 | £110,000 | 8 LLOYD CLOSE |
This house has a floor area of 45 sq meters or 490 sq feet when measured on 21 Mar 2012. Using an estimated price of £162,932 means this house is valued at £3,576 per sq meter (£332 per sq foot).
The average size of a house on ATHERTON ROAD is 53 sq meters (578 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Atherton Road |
| Dec 2023 | Other theft | Under investigation | On or near Laburnum Grove |