£188,248
This estimated value is based upon the latest sale price for the house of £167,500 on 26 Aug 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £167,500 | 26 Aug 2021 |
| £92,250 | 12 Oct 2012 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2021 the House Price Index for LANCASHIRE was 133.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.387%.Applying this 12.387% change to the original purchase price of £167,500 results in an estimated price of approximately £188,248.
| 26 Aug 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 149.7 | 12.387 % | £167,500 | £20,748 | £188,248 |
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 | -17.486 % | £-29,289 | £138,210 |
| 3 Month Average | -4.066 % | £-6,810 | £160,689 |
| 6 Month Average | 20.626 % | £34,548 | £202,048 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £160,465 | £158,000 | 12 STANLEY STREET |
| 7 Mar 2024 | £106,638 | £105,000 | 22 OXFORD COURT LANCASTER ROAD |
| 21 Aug 2023 | £188,398 | £185,000 | 25 KING STREET |
| 27 Apr 2023 | £138,592 | £136,000 | 14 HILL STREET |
| 16 Sep 2022 | £209,860 | £210,000 | 3 STANLEY STREET |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 16 Jun 2021. Using an estimated price of £188,249 means this house is valued at £2,115 per sq meter (£196 per sq foot).
The average size of a house on HILL STREET is 77 sq meters (834 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Hill Street |
| Oct 2024 | Anti-social behaviour | On or near Hill Street | |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stanley Street |
| Jul 2024 | Anti-social behaviour | On or near Bloomfield Park | |
| Jul 2024 | Anti-social behaviour | On or near Bloomfield Park |