£507,167
This estimated value is based upon the latest sale price for the house of £500,000 on 17 Jun 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£500,000 | 17 Jun 2022 |
£385,000 | 19 Sep 2019 |
£127,000 | 31 Jul 1997 |
Detached |
Freehold |
Floor Area: 278 sq meters or 2,992 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 2022 the House Price Index for LANCASHIRE was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £500,000 results in an estimated price of approximately £507,167.
17 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 148.6 | 1.433 % | £500,000 | £7,167 | £507,167 |
The Postcode Pricing Model uses changes in average sales price within the OL13 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 | -26.122 % | £-130,608 | £369,391 |
3 Month Average | 37.591 % | £187,956 | £687,956 |
6 Month Average | 15.632 % | £78,162 | £578,162 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2023 | £131,684 | £130,000 | 145 TODMORDEN ROAD |
17 Aug 2023 | £393,442 | £390,000 | 8 HAZEL GROVE |
2 Aug 2023 | £272,383 | £270,000 | 42 OAKENCLOUGH ROAD |
28 Mar 2023 | £185,094 | £183,350 | 7 OAKENCLOUGH ROAD |
7 Feb 2023 | £138,407 | £138,500 | 74 TODMORDEN ROAD |
This house has a floor area of 278 sq meters or 2,992 sq feet when measured on 18 Jun 2019. Using an estimated price of £507,167 means this house is valued at £1,824 per sq meter (£169 per sq foot).
The average size of a house on HAZEL GROVE is 191 sq meters (2,063 sq feet).
This house is the largest in the street with a floor area of 278 sq meters (2,992 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Anti-social behaviour | On or near Oakenclough Road | |
Dec 2023 | Anti-social behaviour | On or near Oakenclough Road | |
Dec 2023 | Anti-social behaviour | On or near Oakenclough Road | |
Dec 2023 | Anti-social behaviour | On or near Oakenclough Road | |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Coal Pit Lane |