£196,258
This estimated value is based upon the latest sale price for the house of £115,000 on 5 Jul 2010. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £115,000 | 5 Jul 2010 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 July 2010 the House Price Index for LANCASHIRE was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.659%.Applying this 70.659% change to the original purchase price of £115,000 results in an estimated price of approximately £196,258.
| 5 Jul 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.659 % | £115,000 | £81,258 | £196,258 |
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 | 20.858 % | £23,986 | £138,986 |
| 3 Month Average | 19.925 % | £22,913 | £137,913 |
| 6 Month Average | 27.898 % | £32,082 | £147,082 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jul 2024 | £175,000 | £175,000 | 15 STATION ROAD |
| 22 Mar 2024 | £159,450 | £157,000 | 182 BURSCOUGH STREET |
| 18 Dec 2023 | £288,877 | £280,000 | THE OLD STATION, 44 - 46 NEW COURT WAY |
| 15 Dec 2023 | £257,926 | £250,000 | 7 HARDACRE STREET |
| 21 Nov 2023 | £128,256 | £125,000 | FLAT 1 TUDOR COURT BURSCOUGH STREET |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 7 Aug 2018. Using an estimated price of £196,258 means this house is valued at £2,110 per sq meter (£196 per sq foot).
The average size of a house on HARDACRE STREET is 113 sq meters (1,222 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Drugs | Under investigation | On or near New Court Way |
| Jun 2024 | Anti-social behaviour | On or near Station Road | |
| Jun 2024 | Anti-social behaviour | On or near Station Road |