£193,226
This estimated value is based upon the latest sale price for the house of £190,000 on 31 Mar 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £190,000 | 31 Mar 2023 |
| £138,650 | 8 May 2008 |
| £135,000 | 29 Sep 2006 |
| £57,000 | 14 Jul 2000 |
| £40,000 | 20 Aug 1999 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 2023 the House Price Index for LANCASHIRE was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £190,000 results in an estimated price of approximately £193,226.
| 31 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £190,000 | £3,226 | £193,226 |
The Postcode Pricing Model uses changes in average sales price within the L39 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 | -20.128 % | £-38,243 | £151,756 |
| 3 Month Average | -11.205 % | £-21,289 | £168,710 |
| 6 Month Average | -1.871 % | £-3,555 | £186,444 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £330,145 | £320,000 | 44 HIGHFIELD ROAD |
| 16 Oct 2023 | £332,553 | £325,000 | 12 GRIMSHAW LANE |
| 1 Sep 2023 | £327,213 | £320,000 | 23 FAIRFIELD DRIVE |
| 30 Jun 2023 | £297,053 | £291,100 | 40 HIGHFIELD ROAD |
| 31 Mar 2023 | £193,227 | £190,000 | 5 GRIMSHAW LANE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 2 Apr 2014. Using an estimated price of £193,227 means this house is valued at £2,927 per sq meter (£271 per sq foot).
The average size of a house on GRIMSHAW LANE is 94 sq meters (1,012 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Grimshaw Lane |
| Jul 2024 | Public order | Under investigation | On or near Fairfield Close |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Highfield Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Highfield Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Fairfield Drive |