£389,062
This estimated value is based upon the latest sale price for the house of £245,000 on 27 Jul 2007. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £245,000 | 27 Jul 2007 |
| £87,500 | 17 Jan 1997 |
| Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,212 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 July 2007 the House Price Index for LANCASHIRE was 94.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.801%.Applying this 58.801% change to the original purchase price of £245,000 results in an estimated price of approximately £389,062.
| 27 Jul 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.3 | 149.7 | 58.801 % | £245,000 | £144,062 | £389,062 |
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 | 27.075 % | £66,334 | £311,334 |
| 3 Month Average | 42.996 % | £105,339 | £350,339 |
| 6 Month Average | 39.064 % | £95,707 | £340,707 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 May 2024 | £5,000 | £5,000 | GARAGE 12 DALLAS COURT |
| 15 May 2024 | £265,000 | £265,000 | 11 HEXHAM ROAD |
| 13 Oct 2023 | £248,647 | £243,000 | 16 HIGH COURT |
| 25 Apr 2023 | £713,342 | £700,000 | 76 SLYNE ROAD |
| 14 Apr 2023 | £235,597 | £231,190 | 71 RUSSELL DRIVE |
This house has a floor area of 112 sq meters or 1,212 sq feet when measured on 3 Nov 2009. Using an estimated price of £389,062 means this house is valued at £3,453 per sq meter (£320 per sq foot).
The average size of a house on HEXHAM ROAD is 102 sq meters (1,108 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Buseph Court |