£548,426
This estimated value is based upon the latest sale price for the house of £540,000 on 4 Mar 2024. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £540,000 | 4 Mar 2024 |
| £265,000 | 5 Jul 2019 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 March 2024 the House Price Index for LANCASHIRE was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £540,000 results in an estimated price of approximately £548,426.
| 4 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £540,000 | £8,426 | £548,426 |
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 | -36.464 % | £-196,905 | £343,094 |
| 3 Month Average | -17.943 % | £-96,890 | £443,109 |
| 6 Month Average | -0.849 % | £-4,586 | £535,413 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £67,500 | £67,500 | 5 THORN CRESCENT |
| 4 Mar 2024 | £548,426 | £540,000 | 2 ZION STREET |
| 1 Dec 2023 | £100,075 | £97,000 | 13 BEECH STREET |
| 15 Sep 2023 | £92,540 | £90,500 | 22 GLADSTONE STREET |
| 3 Mar 2023 | £157,632 | £155,000 | 15 THORN BANK |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 14 Aug 2012. Using an estimated price of £548,426 means this house is valued at £4,186 per sq meter (£388 per sq foot).
The average size of a house on ZION STREET is 95 sq meters (1,033 sq feet).
This house is the largest in the street with a floor area of 131 sq meters (1,410 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Venture Street |
| Sep 2024 | Violence and sexual offences | Local resolution | On or near Venture Street |
| Jul 2024 | Violence and sexual offences | Local resolution | On or near Venture Street |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cross Street |
| Jul 2024 | Anti-social behaviour | On or near Cross Street |