£98,315
This estimated value is based upon the latest sale price for the house of £75,500 on 24 Apr 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £75,500 | 24 Apr 2017 |
| £41,000 | 11 Jun 2013 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 April 2017 the House Price Index for LANCASHIRE was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £75,500 results in an estimated price of approximately £98,315.
| 24 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 149.7 | 30.219 % | £75,500 | £22,815 | £98,315 |
The Postcode Pricing Model uses changes in average sales price within the OL13 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 | 31.656 % | £23,899 | £99,399 |
| 3 Month Average | 39.822 % | £30,065 | £105,565 |
| 6 Month Average | 31.488 % | £23,773 | £99,273 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2023 | £163,718 | £160,000 | 129 NEWCHURCH ROAD |
| 22 Sep 2023 | £82,826 | £81,000 | 39 LEE ROAD |
| 4 Aug 2023 | £248,991 | £244,500 | 6 FERNHILL WAY |
| 12 Jun 2023 | £69,391 | £68,000 | 10 OLIVE STREET |
| 10 Mar 2023 | £161,599 | £158,900 | 4 BACK RUSHTON STREET |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 1 May 2013. Using an estimated price of £98,316 means this house is valued at £1,585 per sq meter (£147 per sq foot).
The average size of a house on LEE ROAD is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Flag Street | |
| Jul 2024 | Anti-social behaviour | On or near Flag Street | |
| Jul 2024 | Anti-social behaviour | On or near Flag Street | |
| Jul 2024 | Violence and sexual offences | Local resolution | On or near Flag Street |
| Jul 2024 | Anti-social behaviour | On or near Flag Street |