£110,647
This estimated value is based upon the latest sale price for the house of £59,000 on 31 Mar 2005. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £59,000 | 31 Mar 2005 |
| Terraced |
| 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 March 2005 the House Price Index for LANCASHIRE was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.538%.Applying this 87.538% change to the original purchase price of £59,000 results in an estimated price of approximately £110,647.
| 31 Mar 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.538 % | £59,000 | £51,647 | £110,647 |
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 | 23.070 % | £13,611 | £72,611 |
| 3 Month Average | 54.940 % | £32,414 | £91,414 |
| 6 Month Average | 53.352 % | £31,477 | £90,477 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £146,270 | £145,000 | 21 THE DRIVE |
| 7 Dec 2023 | £152,692 | £148,000 | 7 CALDER CLOSE |
| 22 Sep 2023 | £163,607 | £160,000 | 4 THE DRIVE |
| 18 Aug 2023 | £155,301 | £152,500 | 6 THE PARADE |
| 24 Mar 2023 | £157,632 | £155,000 | 43 THE DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Local resolution | On or near The Grove |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near The Grove |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Greengate Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Redruth Drive |
| Oct 2024 | Burglary | Under investigation | On or near Redruth Drive |