£145,661
This estimated value is based upon the latest sale price for the house of £117,500 on 30 Aug 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £117,500 | 30 Aug 2019 |
| £125,000 | 17 Aug 2007 |
| £84,950 | 8 Jul 2004 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 2019 the House Price Index for LANCASHIRE was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £117,500 results in an estimated price of approximately £145,661.
| 30 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £117,500 | £28,161 | £145,661 |
The Postcode Pricing Model uses changes in average sales price within the LA4 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 | 54.863 % | £64,464 | £181,964 |
| 3 Month Average | 56.186 % | £66,018 | £183,518 |
| 6 Month Average | 36.508 % | £42,896 | £160,396 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £165,000 | £165,000 | 1 WITHERSLACK CLOSE |
| 18 Dec 2023 | £144,438 | £140,000 | 12 HAMPSFELL DRIVE |
| 1 Jul 2022 | £171,721 | £170,000 | 48 GRAYRIGG DRIVE |
| 24 Jun 2022 | £143,058 | £140,000 | 3 HAMPSFELL DRIVE |
| 11 Mar 2022 | £135,711 | £130,000 | 63 GRAYRIGG DRIVE |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 14 Jul 2015. Using an estimated price of £145,662 means this house is valued at £1,891 per sq meter (£175 per sq foot).
The average size of a house on GRAYRIGG DRIVE is 72 sq meters (781 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Witherslack Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greenholme Avenue |
| Jul 2024 | Violence and sexual offences | Local resolution | On or near Greenholme Avenue |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Hayfell Avenue |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hayfell Avenue |