£366,612
This estimated value is based upon the latest sale price for the house of £360,000 on 25 Aug 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £360,000 | 25 Aug 2023 |
| £225,000 | 11 Jan 2012 |
| Detached |
| Leasehold |
| Floor Area: 105 sq meters or 1,137 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 2023 the House Price Index for LANCASHIRE was 147.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.837%.Applying this 1.837% change to the original purchase price of £360,000 results in an estimated price of approximately £366,612.
| 25 Aug 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 149.7 | 1.837 % | £360,000 | £6,612 | £366,612 |
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 | 11.025 % | £39,690 | £399,690 |
| 3 Month Average | -3.829 % | £-13,786 | £346,213 |
| 6 Month Average | 3.033 % | £10,919 | £370,919 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £550,000 | £550,000 | 14 BALMORAL ROAD |
| 5 Oct 2023 | £342,785 | £335,000 | 180 ST ANDREWS ROAD SOUTH |
| 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 |
This house has a floor area of 105 sq meters or 1,137 sq feet when measured on 11 Jul 2009. Using an estimated price of £366,612 means this house is valued at £3,468 per sq meter (£322 per sq foot).
The average size of a house on BALMORAL ROAD is 211 sq meters (2,277 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Under investigation | On or near Balmoral Road |
| Sep 2024 | Anti-social behaviour | On or near Osborne Road | |
| Sep 2024 | Anti-social behaviour | On or near Osborne Road | |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hungerford Road |