£409,781
This estimated value is based upon the latest sale price for the house of £395,000 on 14 Apr 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £395,000 | 14 Apr 2022 |
| £230,000 | 30 Jul 2010 |
| 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 April 2022 the House Price Index for LANCASHIRE was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £395,000 results in an estimated price of approximately £409,781.
| 14 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 149.7 | 3.742 % | £395,000 | £14,781 | £409,781 |
The Postcode Pricing Model uses changes in average sales price within the LA2 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 | -8.459 % | £-33,411 | £361,588 |
| 3 Month Average | 3.796 % | £14,993 | £409,993 |
| 6 Month Average | -9.802 % | £-38,719 | £356,280 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £420,679 | £410,000 | 4 BAY VIEW CRESCENT |
| 20 Oct 2023 | £272,182 | £266,000 | 36 BAY VIEW AVENUE |
| 25 Sep 2023 | £265,861 | £260,000 | 53 HEST BANK LANE |
| 7 Sep 2023 | £301,650 | £295,000 | 61 HEST BANK LANE |
| 15 Jul 2022 | £287,885 | £285,000 | 55 HEST BANK LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near Lawson Gardens |
| Jul 2024 | Anti-social behaviour | On or near Arden Close | |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Arden Close |
| May 2024 | Drugs | Local resolution | On or near Hest Bank Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hest Bank Lane |