£197,677
This estimated value is based upon the latest sale price for the house of £157,200 on 20 Apr 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There have been two burglaries within the last year on or near Groveside Park
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| Price Paid | Date |
|---|---|
| £157,200 | 20 Apr 2018 |
| £155,100 | 5 Sep 2016 |
| £130,000 | 17 Jun 2011 |
| Terraced |
| Freehold |
| Floor Area: 64 sq meters or 688 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 April 2018 the House Price Index for LANCASHIRE was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £157,200 results in an estimated price of approximately £197,677.
| 20 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 149.7 | 25.749 % | £157,200 | £40,477 | £197,677 |
The Postcode Pricing Model uses changes in average sales price within the BB12 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 | 70.447 % | £110,742 | £267,942 |
| 3 Month Average | 23.226 % | £36,511 | £193,711 |
| 6 Month Average | 25.981 % | £40,842 | £198,042 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £157,419 | £155,000 | 70 GROVESIDE PARK |
| 29 Sep 2023 | £157,471 | £154,000 | 2 REDGRAVE COURT |
| 20 Jul 2022 | £85,860 | £85,000 | 15 LOWERHOUSE LANE |
| 13 May 2022 | £157,606 | £153,500 | 60 GROVESIDE PARK |
| 11 May 2022 | £200,216 | £195,000 | 47 GROVESIDE PARK |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 31 Aug 2010. Using an estimated price of £197,678 means this house is valued at £3,088 per sq meter (£286 per sq foot).
The average size of a house on GROVESIDE PARK is 70 sq meters (757 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Groveside Park |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Groveside Park |
| Oct 2024 | Burglary | Under investigation | On or near Groveside Park |
| Oct 2024 | Burglary | Under investigation | On or near Groveside Park |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Groveside Park |