£198,523
This estimated value is based upon the latest sale price for the house of £120,000 on 17 Jan 2007. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 17 Jan 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 2007 the House Price Index for LANCASHIRE was 90.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.436%.Applying this 65.436% change to the original purchase price of £120,000 results in an estimated price of approximately £198,523.
| 17 Jan 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.5 | 149.7 | 65.436 % | £120,000 | £78,523 | £198,523 |
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 | 16.490 % | £19,787 | £139,787 |
| 3 Month Average | 53.580 % | £64,296 | £184,296 |
| 6 Month Average | 51.013 % | £61,215 | £181,215 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £178,000 | £178,000 | 15 WESTERN ROAD |
| 17 May 2024 | £52,000 | £52,000 | 6 HOLTS BUILDINGS |
| 22 Aug 2023 | £96,745 | £95,000 | 348 NEWCHURCH ROAD |
| 16 Aug 2023 | £152,755 | £150,000 | 333 NEWCHURCH ROAD |
| 23 Feb 2023 | £82,551 | £82,000 | 318 NEWCHURCH ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 20 Nov 2016. Using an estimated price of £198,524 means this house is valued at £2,157 per sq meter (£200 per sq foot).
The average size of a house on WESTERN ROAD is 102 sq meters (1,104 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Luke Street |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Heathfield Avenue |
| Jul 2024 | Anti-social behaviour | On or near Crow Tree Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Crow Tree Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Crow Tree Avenue |