£107,468
This estimated value is based upon the latest sale price for the house of £87,000 on 14 Feb 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £87,000 | 14 Feb 2019 |
| £73,500 | 30 Jun 2014 |
| Terraced |
| 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 February 2019 the House Price Index for LANCASHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £87,000 results in an estimated price of approximately £107,468.
| 14 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £87,000 | £20,468 | £107,468 |
The Postcode Pricing Model uses changes in average sales price within the FY5 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 | 9.158 % | £7,967 | £94,967 |
| 3 Month Average | 11.961 % | £10,405 | £97,405 |
| 6 Month Average | 20.417 % | £17,762 | £104,762 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £96,847 | £96,000 | 14 HEYS STREET |
| 13 Jan 2023 | £94,555 | £95,000 | 13 JOHN STREET |
| 10 Nov 2022 | £74,102 | £75,000 | 7 JOHN STREET |
| 29 Jul 2022 | £285,769 | £285,000 | 7 THE STABLES |
| 24 Jun 2022 | £115,127 | £113,500 | 15 HEYS STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 12 May 2015. Using an estimated price of £107,468 means this house is valued at £1,628 per sq meter (£151 per sq foot).
The average size of a house on ORMEROD STREET is 78 sq meters (846 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Under investigation | On or near Ormerod Street |
| Mar 2024 | Anti-social behaviour | On or near Ormerod Street | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Stables |
| Jan 2024 | Anti-social behaviour | On or near Heys Street | |
| Jan 2024 | Anti-social behaviour | On or near Heys Street |