£85,242
This estimated value is based upon the latest sale price for the house of £68,500 on 15 Feb 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £68,500 | 15 Feb 2019 |
| £70,000 | 4 May 2007 |
| £30,000 | 14 Jul 2006 |
| Terraced |
| Leasehold |
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 February 2019 the House Price Index for LANCASHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £68,500 results in an estimated price of approximately £85,242.
| 15 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £68,500 | £16,742 | £85,242 |
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 | 57.033 % | £39,067 | £107,567 |
| 3 Month Average | 62.224 % | £42,623 | £111,123 |
| 6 Month Average | 25.494 % | £17,463 | £85,963 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £124,836 | £121,000 | 15 GREENSNOOK LANE |
| 10 Nov 2023 | £51,302 | £50,000 | 15 INKERMAN STREET |
| 11 Oct 2023 | £109,742 | £107,250 | 3 WALNUT STREET |
| 10 Oct 2023 | £138,137 | £135,000 | 16 WALNUT STREET |
| 6 Sep 2023 | £133,953 | £131,000 | 7 CROFT STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Reed Street | |
| Sep 2024 | Anti-social behaviour | On or near Reed Street | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Reed Street |
| Jul 2024 | Criminal damage and arson | Local resolution | On or near Reed Street |
| Sep 2024 | Public order | Under investigation | On or near Springfield Avenue |