£346,246
This estimated value is based upon the latest sale price for the house of £224,950 on 17 Jul 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £224,950 | 17 Jul 2014 |
| £180,000 | 11 Oct 2012 |
| £180,000 | 11 Oct 2012 |
| £60,000 | 14 Mar 2000 |
| Semi-Detached |
| Leasehold |
| Floor Area: 72 sq meters or 775 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 July 2014 the House Price Index for LANCASHIRE was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £224,950 results in an estimated price of approximately £346,246.
| 17 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £224,950 | £121,296 | £346,246 |
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 | -0.056 % | £-126 | £224,823 |
| 3 Month Average | 29.007 % | £65,251 | £290,201 |
| 6 Month Average | 24.751 % | £55,677 | £280,627 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Oct 2023 | £296,740 | £290,000 | 12 MOLYNEUX PLACE |
| 12 Sep 2023 | £465,256 | £455,000 | 81 FOREST DRIVE |
| 16 Jan 2023 | £325,871 | £325,000 | 152 FOREST DRIVE |
| 1 Sep 2022 | £284,810 | £285,000 | 25 LONG ACRE PLACE |
| 26 May 2022 | £333,693 | £325,000 | 119 FOREST DRIVE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 9 Sep 2013. Using an estimated price of £346,246 means this house is valued at £4,808 per sq meter (£446 per sq foot).
The average size of a house on LONG ACRE PLACE is 83 sq meters (903 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Molyneux Place |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Holcroft Place |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Reedy Acre Place |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ring Dyke Way |
| Oct 2024 | Other crime | Under investigation | On or near Upper Westby Street |