£287,081
This estimated value is based upon the latest sale price for the house of £275,000 on 4 Mar 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £275,000 | 4 Mar 2022 |
| £185,000 | 18 Nov 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 March 2022 the House Price Index for LANCASHIRE was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £275,000 results in an estimated price of approximately £287,081.
| 4 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £275,000 | £12,081 | £287,081 |
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 | -25.052 % | £-68,894 | £206,105 |
| 3 Month Average | -8.471 % | £-23,295 | £251,704 |
| 6 Month Average | -3.583 % | £-9,853 | £265,146 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2023 | £296,984 | £295,000 | 17 MARSH CRESCENT |
| 25 Nov 2022 | £114,465 | £115,000 | 7A MARSH CRESCENT |
| 21 Oct 2022 | £241,693 | £242,500 | 50 NORWOOD DRIVE |
| 4 Aug 2022 | £236,104 | £235,000 | 4 KENDAL DRIVE |
| 8 Jul 2022 | £121,215 | £120,000 | 86 MORECAMBE ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 19 Oct 2021. Using an estimated price of £287,082 means this house is valued at £2,870 per sq meter (£266 per sq foot).
The average size of a house on NORWOOD DRIVE is 106 sq meters (1,142 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Norwood Drive |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Norwood Drive |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near George Mews |
| Jul 2024 | Anti-social behaviour | On or near George Mews | |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near George Mews |