£339,437
This estimated value is based upon the latest sale price for the house of £266,000 on 2 Jun 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£266,000 | 2 Jun 2017 |
£245,000 | 24 Feb 2011 |
Detached |
Freehold |
Floor Area: 121 sq meters or 1,302 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 June 2017 the House Price Index for LANCASHIRE was 116.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 27.608%.Applying this 27.608% change to the original purchase price of £266,000 results in an estimated price of approximately £339,437.
2 Jun 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.0 | 148.0 | 27.608 % | £266,000 | £73,437 | £339,437 |
The Postcode Pricing Model uses changes in average sales price within the FY6 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 | -3.779 % | £-10,052 | £255,947 |
3 Month Average | 11.155 % | £29,673 | £295,673 |
6 Month Average | 23.329 % | £62,054 | £328,054 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £252,044 | £250,000 | 2 ELM AVENUE |
11 Oct 2022 | £247,324 | £251,000 | 8 BROCKWAY |
26 Aug 2022 | £357,584 | £360,000 | 28 GARSTANG ROAD WEST |
4 Aug 2022 | £228,456 | £230,000 | 7 ELM AVENUE |
29 Oct 2021 | £315,175 | £286,000 | 4 BROCKWAY |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 15 Apr 2017. Using an estimated price of £339,438 means this house is valued at £2,805 per sq meter (£260 per sq foot).
The average size of a house on GARSTANG ROAD WEST is 116 sq meters (1,258 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Whitelees Way |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whitelees Way |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Whitelees Way |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Elm Avenue |
Mar 2024 | Anti-social behaviour | On or near Elm Avenue |