£326,720
This estimated value is based upon the latest sale price for the house of £255,000 on 16 Jun 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £255,000 | 16 Jun 2017 |
| £139,000 | 15 Aug 1997 |
| Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 June 2017 the House Price Index for LANCASHIRE was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £255,000 results in an estimated price of approximately £326,720.
| 16 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £255,000 | £71,720 | £326,720 |
The Postcode Pricing Model uses changes in average sales price within the FY6 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 | -6.882 % | £-17,549 | £237,450 |
| 3 Month Average | 24.022 % | £61,257 | £316,257 |
| 6 Month Average | 22.071 % | £56,281 | £311,281 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £329,884 | £325,000 | 7 BEECH DRIVE |
| 14 Sep 2023 | £166,124 | £164,000 | 5 GRASSMERE CLOSE |
| 11 Aug 2023 | £159,394 | £158,000 | 3 GRASSMERE CLOSE |
| 22 Jun 2023 | £543,584 | £537,000 | 113 CARR HEAD LANE |
| 22 Jun 2022 | £456,451 | £450,000 | HAPPY DAYS NURSERY CARR HEAD LANE |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 13 Mar 2017. Using an estimated price of £326,720 means this house is valued at £2,513 per sq meter (£233 per sq foot).
The average size of a house on CARR HEAD LANE is 128 sq meters (1,384 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Alder Grove | |
| Feb 2024 | Anti-social behaviour | On or near Alder Grove |