£487,496
This estimated value is based upon the latest sale price for the house of £310,000 on 20 Sep 2007. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£310,000 | 20 Sep 2007 |
Detached |
Freehold |
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 September 2007 the House Price Index for LANCASHIRE was 95.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.257%.Applying this 57.257% change to the original purchase price of £310,000 results in an estimated price of approximately £487,496.
20 Sep 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.2 | 149.7 | 57.257 % | £310,000 | £177,496 | £487,496 |
The Postcode Pricing Model uses changes in average sales price within the L39 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 | 0.194 % | £602 | £310,602 |
3 Month Average | 28.855 % | £89,450 | £399,450 |
6 Month Average | 28.082 % | £87,055 | £397,055 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £380,851 | £375,000 | 12 VICTORIA ROAD |
11 Mar 2024 | £645,924 | £636,000 | 9 DRAKE CLOSE |
7 Aug 2023 | £422,622 | £415,000 | 24 VICTORIA ROAD |
14 Apr 2023 | £538,548 | £528,475 | 30 VICTORIA ROAD |
22 Jul 2022 | £664,609 | £657,950 | 32 SWANPOOL LANE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Anti-social behaviour | On or near Cromwell Close | |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lynwood Avenue |