£347,588
This estimated value is based upon the latest sale price for the house of £280,000 on 6 Nov 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £280,000 | 6 Nov 2018 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 November 2018 the House Price Index for LANCASHIRE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £280,000 results in an estimated price of approximately £347,588.
| 6 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £280,000 | £67,588 | £347,588 |
The Postcode Pricing Model uses changes in average sales price within the FY8 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 | 5.487 % | £15,362 | £295,362 |
| 3 Month Average | 12.620 % | £35,335 | £315,335 |
| 6 Month Average | 12.592 % | £35,258 | £315,258 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £385,929 | £380,000 | 12 BEACH COURT |
| 9 Feb 2023 | £320,139 | £318,000 | COURT MEWS COTTAGE, 2 SOUTH WARTON STREET |
| 12 May 2022 | £2,772,222 | £2,700,000 | 23 EAST BEACH |
| 26 Nov 2021 | £1,634,279 | £1,500,000 | WATERS EDGE EAST BEACH |
| 18 Nov 2021 | £479,389 | £440,000 | FLAT 6 SALTERS COURT, 33 - 34 EAST BEACH |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 6 Feb 2017. Using an estimated price of £347,588 means this house is valued at £4,827 per sq meter (£448 per sq foot).
There is one other house on the street which we know the size of, this is 1A SOUTH WARTON STREET it is 143.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Birch Street | |
| Sep 2024 | Anti-social behaviour | On or near Birch Street | |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near St John'S Street |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near St John'S Street |
| Oct 2024 | Anti-social behaviour | On or near North Warton Street |