£193,817
This estimated value is based upon the latest sale price for the house of £74,950 on 29 Nov 2002. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £74,950 | 29 Nov 2002 |
| £102,284 | 30 Aug 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 2002 the House Price Index for LANCASHIRE was 57.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 158.595%.Applying this 158.595% change to the original purchase price of £74,950 results in an estimated price of approximately £193,817.
| 29 Nov 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 149.7 | 158.595 % | £74,950 | £118,867 | £193,817 |
The Postcode Pricing Model uses changes in average sales price within the LA4 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 | 179.389 % | £134,451 | £209,401 |
| 3 Month Average | 211.111 % | £158,227 | £233,177 |
| 6 Month Average | 212.361 % | £159,164 | £234,114 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £92,802 | £89,950 | 21 CLARENCE COURT |
| 1 Dec 2023 | £203,761 | £197,500 | FLAT 4 PRINCES COURT BARE LANE |
| 1 Dec 2023 | £87,695 | £85,000 | 26 CLARENCE COURT |
| 20 Nov 2023 | £323,204 | £315,000 | 59 BARE LANE |
| 19 Sep 2023 | £100,209 | £98,000 | 35 CLARENCE COURT |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 25 Mar 2014. Using an estimated price of £193,817 means this house is valued at £4,123 per sq meter (£383 per sq foot).
The average size of a house on CLARENCE COURT is 55 sq meters (593 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Mayfield Drive | |
| Oct 2024 | Anti-social behaviour | On or near Mayfield Drive | |
| Oct 2024 | Anti-social behaviour | On or near Sulby Grove | |
| Oct 2024 | Anti-social behaviour | On or near Sulby Grove | |
| Oct 2024 | Burglary | Under investigation | On or near Palmer Grove |