£144,920
This estimated value is based upon the latest sale price for the house of £142,500 on 21 Mar 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £142,500 | 21 Mar 2023 |
| £127,000 | 28 Nov 2007 |
| £37,000 | 25 Apr 1997 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 March 2023 the House Price Index for LANCASHIRE was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £142,500 results in an estimated price of approximately £144,920.
| 21 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £142,500 | £2,420 | £144,920 |
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 | 3.952 % | £5,632 | £148,132 |
| 3 Month Average | -8.615 % | £-12,275 | £130,224 |
| 6 Month Average | 1.926 % | £2,744 | £145,244 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Jun 2024 | £140,000 | £140,000 | 9 HAWS HILL |
| 19 Apr 2024 | £158,880 | £157,500 | 68 LANCASTER ROAD |
| 18 Apr 2024 | £141,226 | £140,000 | 41 HAWS HILL |
| 22 Mar 2024 | £138,122 | £136,000 | 6 EDWARD STREET |
| 7 Mar 2024 | £106,638 | £105,000 | 22 OXFORD COURT LANCASTER ROAD |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 4 Oct 2021. Using an estimated price of £144,920 means this house is valued at £1,238 per sq meter (£115 per sq foot).
The average size of a house on NEW STREET is 123 sq meters (1,327 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near New Street | |
| Aug 2024 | Anti-social behaviour | On or near New Street | |
| Aug 2024 | Anti-social behaviour | On or near New Street | |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near John Street |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near John Street |