£234,194
This estimated value is based upon the latest sale price for the house of £139,950 on 29 Jul 2013. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There has been one burglary within the last year on or near Oakfields
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| Price Paid | Date |
|---|---|
| £139,950 | 29 Jul 2013 |
| £80,000 | 25 Oct 2002 |
| £51,000 | 17 Jul 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2013 the House Price Index for LANCASHIRE was 89.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.342%.Applying this 67.342% change to the original purchase price of £139,950 results in an estimated price of approximately £234,194.
| 29 Jul 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 149.7 | 67.342 % | £139,950 | £94,244 | £234,194 |
The Postcode Pricing Model uses changes in average sales price within the L39 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 | 0.243 % | £339 | £140,289 |
| 3 Month Average | 25.698 % | £35,964 | £175,914 |
| 6 Month Average | 31.973 % | £44,746 | £184,696 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2023 | £235,345 | £230,000 | 20 GREETBY HILL |
| 19 Sep 2023 | £175,877 | £172,000 | 19 DERBY HILL ROAD |
| 25 Jul 2022 | £275,258 | £272,500 | 2 SUNNYFIELDS |
| 14 Apr 2022 | £197,110 | £190,000 | 32 DERBY HILL ROAD |
| 31 Aug 2021 | £210,164 | £187,000 | 54 DERBY HILL ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 28 Apr 2012. Using an estimated price of £234,195 means this house is valued at £3,548 per sq meter (£329 per sq foot).
The average size of a house on DERBY HILL ROAD is 74 sq meters (802 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Under investigation | On or near Oakfields |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Tower Hill |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near A577 |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A577 |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near A577 |