£226,264
This estimated value is based upon the latest sale price for the house of £147,000 on 22 Jul 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £147,000 | 22 Jul 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 2014 the House Price Index for LANCASHIRE was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £147,000 results in an estimated price of approximately £226,264.
| 22 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £147,000 | £79,264 | £226,264 |
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 | 32.090 % | £47,172 | £194,172 |
| 3 Month Average | 36.293 % | £53,351 | £200,351 |
| 6 Month Average | 44.247 % | £65,042 | £212,042 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Apr 2024 | £242,102 | £240,000 | 38 ELLIS DRIVE |
| 6 Mar 2024 | £167,575 | £165,000 | 12 TAYLOR GROVE |
| 1 Dec 2023 | £273,349 | £264,950 | 38 HEST BANK ROAD |
| 20 Nov 2023 | £256,511 | £250,000 | 28 ELLIS DRIVE |
| 13 Oct 2023 | £233,299 | £228,000 | 36 HEST BANK ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 25 Feb 2014. Using an estimated price of £226,265 means this house is valued at £3,535 per sq meter (£328 per sq foot).
The average size of a house on HEST BANK ROAD is 98 sq meters (1,065 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hest Bank Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Hest Bank Road |
| Oct 2024 | Anti-social behaviour | On or near Ellis Drive | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Ellis Drive |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ellis Drive |