£423,506
This estimated value is based upon the latest sale price for the house of £303,750 on 11 Dec 2015. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£303,750 | 11 Dec 2015 |
Detached |
Leasehold |
Floor Area: 130 sq meters or 1,399 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 December 2015 the House Price Index for LANCASHIRE was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £303,750 results in an estimated price of approximately £423,506.
11 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 149.7 | 39.426 % | £303,750 | £119,756 | £423,506 |
The Postcode Pricing Model uses changes in average sales price within the FY8 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 | 32.764 % | £99,522 | £403,272 |
3 Month Average | 20.057 % | £60,922 | £364,672 |
6 Month Average | 19.078 % | £57,948 | £361,698 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 May 2024 | £73,500 | £73,500 | 2 SHIPLEY ROAD |
24 Nov 2023 | £84,136 | £82,000 | 26 SHIPLEY ROAD |
19 Sep 2023 | £204,508 | £200,000 | 29 FAULKNER CRESCENT |
9 Aug 2023 | £234,174 | £229,950 | 57 FAULKNER CRESCENT |
30 Mar 2023 | £330,520 | £325,000 | 38 FAULKNER CRESCENT |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 19 Nov 2015. Using an estimated price of £423,506 means this house is valued at £3,257 per sq meter (£302 per sq foot).
The average size of a house on FAULKNER CRESCENT is 104 sq meters (1,124 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Anti-social behaviour | On or near Nateby Close | |
Jun 2024 | Anti-social behaviour | On or near Nateby Close | |
Apr 2024 | Drugs | Under investigation | On or near Shipley Road |
Apr 2024 | Possession of weapons | Under investigation | On or near Shipley Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Bowden Lane |