£203,108
This estimated value is based upon the latest sale price for the house of £148,000 on 15 Jan 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £148,000 | 15 Jan 2016 |
| £76,500 | 30 Nov 2001 |
| Detached |
| Freehold |
| Floor Area: 80 sq meters or 861 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 January 2016 the House Price Index for LANCASHIRE was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £148,000 results in an estimated price of approximately £203,108.
| 15 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £148,000 | £55,108 | £203,108 |
The Postcode Pricing Model uses changes in average sales price within the PR6 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 | 32.327 % | £47,844 | £195,844 |
| 3 Month Average | 25.516 % | £37,763 | £185,763 |
| 6 Month Average | 32.977 % | £48,805 | £196,805 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £101,295 | £100,000 | 21 RIVINGTON ROAD |
| 24 Jul 2023 | £137,855 | £136,000 | 50A PENNINE ROAD |
| 21 Mar 2023 | £112,056 | £111,000 | 23 RIVINGTON ROAD |
| 10 Mar 2023 | £139,313 | £138,000 | 15 PENNINE ROAD |
| 15 Jul 2022 | £123,833 | £123,500 | 13 PENNINE ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 15 Nov 2014. Using an estimated price of £203,108 means this house is valued at £2,538 per sq meter (£235 per sq foot).
The average size of a house on PENNINE ROAD is 66 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Rossall Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Whimberry Close |
| Mar 2024 | Anti-social behaviour | On or near Coppice Close | |
| Jan 2024 | Criminal damage and arson | Offender given a caution | On or near Coppice Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Belmont Drive |