£74,464
This estimated value is based upon the latest sale price for the house of £60,000 on 1 Dec 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £60,000 | 1 Dec 2017 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 51 sq meters or 548 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 2017 the House Price Index for LANCASHIRE was 118.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 24.107%.Applying this 24.107% change to the original purchase price of £60,000 results in an estimated price of approximately £74,464.
| 1 Dec 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 146.7 | 24.107 % | £60,000 | £14,464 | £74,464 |
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 | 54.330 % | £32,597 | £92,597 |
| 3 Month Average | -0.954 % | £-572 | £59,427 |
| 6 Month Average | 31.661 % | £18,996 | £78,996 |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 21 Feb 2019.
The average size of a house on NICHOLSON CRESCENT is 74 sq meters (796 sq feet).
This house is the smallest in the street with a floor area of 51 sq meters (548 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Nicholson Crescent |
| Mar 2024 | Anti-social behaviour | On or near Beulah Avenue | |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Beulah Avenue |
| Feb 2024 | Anti-social behaviour | On or near Beulah Avenue | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Beulah Avenue |