£265,627
This estimated value is based upon the latest sale price for the house of £247,500 on 1 Sep 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£247,500 | 1 Sep 2021 |
£175,000 | 28 Aug 2019 |
£80,000 | 30 Mar 2001 |
Detached |
Freehold |
Floor Area: 63 sq meters or 678 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 September 2021 the House Price Index for LANCASHIRE was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £247,500 results in an estimated price of approximately £265,627.
1 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.9 | 148.0 | 7.324 % | £247,500 | £18,127 | £265,627 |
The Postcode Pricing Model uses changes in average sales price within the LA4 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 | -13.640 % | £-33,760 | £213,739 |
3 Month Average | -12.953 % | £-32,059 | £215,440 |
6 Month Average | -10.649 % | £-26,356 | £221,143 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £227,149 | £225,000 | 27 KENDAL DRIVE |
17 Feb 2023 | £293,611 | £295,000 | 17 MARSH CRESCENT |
25 Nov 2022 | £113,165 | £115,000 | 7A MARSH CRESCENT |
21 Oct 2022 | £238,948 | £242,500 | 50 NORWOOD DRIVE |
4 Aug 2022 | £233,423 | £235,000 | 4 KENDAL DRIVE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 31 Oct 2019. Using an estimated price of £265,627 means this house is valued at £4,216 per sq meter (£391 per sq foot).
The average size of a house on MARSH CRESCENT is 118 sq meters (1,271 sq feet).
This house is the smallest in the street with a floor area of 63 sq meters (678 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Under investigation | On or near Morecambe Road |
Feb 2024 | Other theft | Under investigation | On or near Morecambe Road |
Mar 2024 | Anti-social behaviour | On or near The Way | |
Mar 2024 | Anti-social behaviour | On or near The Way | |
Feb 2024 | Anti-social behaviour | On or near The Way |