£497,001
This estimated value is based upon the latest sale price for the house of £400,000 on 10 Jul 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £400,000 | 10 Jul 2019 |
| Detached |
| Freehold |
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 July 2019 the House Price Index for LANCASHIRE was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £400,000 results in an estimated price of approximately £497,001.
| 10 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £400,000 | £97,001 | £497,001 |
The Postcode Pricing Model uses changes in average sales price within the LA2 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 | 9.759 % | £39,034 | £439,034 |
| 3 Month Average | 25.041 % | £100,165 | £500,165 |
| 6 Month Average | 25.313 % | £101,251 | £501,251 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £173,122 | £170,000 | 130 MAIN ROAD |
| 6 Jan 2023 | £170,455 | £170,000 | 114 MAIN ROAD |
| 24 Jun 2022 | £311,662 | £305,000 | 8 GOODWOOD AVENUE |
| 3 Dec 2021 | £253,637 | £235,000 | 6 ASCOT GARDENS |
| 28 Sep 2021 | £260,537 | £240,000 | 10 ASCOT GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Orchard Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Close |
| Apr 2024 | Anti-social behaviour | On or near Main Road | |
| Apr 2024 | Anti-social behaviour | On or near Main Road | |
| Apr 2024 | Anti-social behaviour | On or near Main Road |