£156,561
This estimated value is based upon the latest sale price for the house of £130,000 on 7 Jul 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£130,000 | 7 Jul 2020 |
£41,000 | 16 Oct 2000 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 July 2020 the House Price Index for LANCASHIRE was 122.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.432%.Applying this 20.432% change to the original purchase price of £130,000 results in an estimated price of approximately £156,561.
7 Jul 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 148.0 | 20.432 % | £130,000 | £26,561 | £156,561 |
The Postcode Pricing Model uses changes in average sales price within the LA1 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 | 80.514 % | £104,668 | £234,668 |
3 Month Average | 23.188 % | £30,144 | £160,144 |
6 Month Average | 19.803 % | £25,743 | £155,743 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jun 2023 | £161,308 | £160,000 | 80 NEWSHAM ROAD |
17 Mar 2023 | £186,005 | £185,000 | 26 NEWSHAM PLACE |
10 Feb 2023 | £226,429 | £227,500 | 42 NEWSHAM ROAD |
15 Sep 2022 | £138,318 | £140,000 | 18 NEWSHAM PLACE |
5 Sep 2022 | £252,924 | £256,000 | 7 LONSDALE PLACE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 8 May 2019. Using an estimated price of £156,562 means this house is valued at £2,302 per sq meter (£213 per sq foot).
The average size of a house on NEWSHAM ROAD is 93 sq meters (1,010 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Under investigation | On or near Newsham Road |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Newsham Road |
Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Sharpe'S Avenue |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lonsdale Place |
Apr 2024 | Anti-social behaviour | On or near Wellington Road |