£147,126
This estimated value is based upon the latest sale price for the house of £117,000 on 3 Apr 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£117,000 | 3 Apr 2018 |
£120,000 | 18 Dec 2007 |
£101,500 | 15 Sep 2004 |
£33,000 | 10 Jul 2002 |
Semi-Detached |
Freehold |
Floor Area: 68 sq meters or 731 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 April 2018 the House Price Index for LANCASHIRE was 119.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.749%.Applying this 25.749% change to the original purchase price of £117,000 results in an estimated price of approximately £147,126.
3 Apr 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 149.7 | 25.749 % | £117,000 | £30,126 | £147,126 |
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 | 25.962 % | £30,375 | £147,375 |
3 Month Average | 34.324 % | £40,159 | £157,159 |
6 Month Average | 35.047 % | £41,005 | £158,005 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £103,170 | £100,000 | 12 NEWLANDS ROAD |
16 Oct 2023 | £148,370 | £145,000 | 1 NETHERLANDS ROAD |
28 Sep 2023 | £179,456 | £175,500 | 50 BRENDJEAN ROAD |
11 Sep 2023 | £194,283 | £190,000 | 28 BRENDJEAN ROAD |
1 Aug 2023 | £157,847 | £155,000 | 8 LOWLANDS ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 26 Jun 2015. Using an estimated price of £147,127 means this house is valued at £2,163 per sq meter (£201 per sq foot).
The average size of a house on LOWLANDS ROAD is 78 sq meters (841 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Offender given a caution | On or near Brendjean Road |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brendjean Road |
Sep 2024 | Anti-social behaviour | On or near Newlands Road | |
Sep 2024 | Anti-social behaviour | On or near Newlands Road | |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Newlands Road |