£199,052
This estimated value is based upon the latest sale price for the house of £187,750 on 31 Jan 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £187,750 | 31 Jan 2022 |
| £145,500 | 8 Mar 2019 |
| Terraced |
| 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 January 2022 the House Price Index for LANCASHIRE was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £187,750 results in an estimated price of approximately £199,052.
| 31 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £187,750 | £11,302 | £199,052 |
The Postcode Pricing Model uses changes in average sales price within the LA1 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 | 17.125 % | £32,151 | £219,901 |
| 3 Month Average | 0.355 % | £666 | £188,416 |
| 6 Month Average | 5.500 % | £10,327 | £198,077 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £118,000 | £118,000 | 36 GRASMERE ROAD |
| 16 Oct 2023 | £255,810 | £250,000 | 1 DALTON ROAD |
| 17 Aug 2023 | £152,755 | £150,000 | 83 GRASMERE ROAD |
| 31 Mar 2023 | £157,632 | £155,000 | 12 GRASMERE ROAD |
| 10 Mar 2023 | £308,146 | £303,000 | 85 GRASMERE ROAD |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 31 Oct 2018. Using an estimated price of £199,052 means this house is valued at £3,902 per sq meter (£362 per sq foot).
The average size of a house on GRASMERE ROAD is 72 sq meters (777 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Under investigation | On or near Dalton Road |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dalton Road |
| Jul 2024 | Other theft | Local resolution | On or near Dalton Road |
| Jun 2024 | Anti-social behaviour | On or near Dalton Road | |
| Jun 2024 | Anti-social behaviour | On or near Dalton Road |