£233,089
This estimated value is based upon the latest sale price for the house of £232,000 on 15 Aug 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £232,000 | 15 Aug 2022 |
| £195,000 | 21 Nov 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 August 2022 the House Price Index for LANCASHIRE was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £232,000 results in an estimated price of approximately £233,089.
| 15 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £232,000 | £1,089 | £233,089 |
The Postcode Pricing Model uses changes in average sales price within the LA5 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 | 40.960 % | £95,026 | £327,026 |
| 3 Month Average | -14.482 % | £-33,598 | £198,401 |
| 6 Month Average | -6.492 % | £-15,061 | £216,938 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 May 2024 | £209,500 | £209,500 | 20 CRAG BANK CRESCENT |
| 8 Mar 2024 | £174,684 | £172,000 | 32 LONGFIELD DRIVE |
| 28 Oct 2022 | £393,685 | £395,000 | 14 CRAG BANK ROAD |
| 15 Aug 2022 | £233,090 | £232,000 | 24 CRAG BANK ROAD |
| 8 Aug 2022 | £265,743 | £264,500 | 53 CRAG BANK ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 27 Jan 2020. Using an estimated price of £233,090 means this house is valued at £3,478 per sq meter (£323 per sq foot).
The average size of a house on CRAG BANK ROAD is 103 sq meters (1,113 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Crag Bank Road |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Long Acre Close |
| Sep 2024 | Anti-social behaviour | On or near Crag Bank Crescent | |
| Sep 2024 | Anti-social behaviour | On or near Crag Bank Crescent | |
| Sep 2024 | Anti-social behaviour | On or near Redruth Drive |