£154,502
This estimated value is based upon the latest sale price for the house of £148,000 on 4 Mar 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£148,000 | 4 Mar 2022 |
£123,000 | 26 Jul 2019 |
£115,000 | 20 Oct 2006 |
£40,000 | 12 Oct 2001 |
Semi-Detached |
Freehold |
Floor Area: 69 sq meters or 742 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 March 2022 the House Price Index for LANCASHIRE was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £148,000 results in an estimated price of approximately £154,502.
4 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
143.4 | 149.7 | 4.393 % | £148,000 | £6,502 | £154,502 |
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 | 28.567 % | £42,278 | £190,278 |
3 Month Average | 11.808 % | £17,475 | £165,475 |
6 Month Average | 9.283 % | £13,739 | £161,739 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 May 2024 | £165,000 | £165,000 | 1 WITHERSLACK CLOSE |
24 Feb 2023 | £221,479 | £220,000 | 9 HAYFELL AVENUE |
18 Nov 2022 | £164,232 | £165,000 | 5 HAYFELL AVENUE |
4 Nov 2022 | £139,348 | £140,000 | 29 ALTHAM ROAD |
4 Mar 2022 | £154,502 | £148,000 | 31 ALTHAM ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 31 Jul 2014. Using an estimated price of £154,502 means this house is valued at £2,239 per sq meter (£208 per sq foot).
The average size of a house on ALTHAM ROAD is 86 sq meters (931 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
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 |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hayfell Avenue |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hayfell Avenue |
Aug 2024 | Violence and sexual offences | Under investigation | On or near Altham Road |