£129,730
This estimated value is based upon the latest sale price for the house of £105,000 on 8 Nov 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £105,000 | 8 Nov 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 95 sq meters or 1,022 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 2019 the House Price Index for LANCASHIRE was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £105,000 results in an estimated price of approximately £129,730.
| 8 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £105,000 | £24,730 | £129,730 |
The Postcode Pricing Model uses changes in average sales price within the LA4 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 | -2.359 % | £-2,476 | £102,523 |
| 3 Month Average | 7.643 % | £8,025 | £113,025 |
| 6 Month Average | 7.032 % | £7,384 | £112,384 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Oct 2023 | £266,042 | £260,000 | 1A ALBANY ROAD |
| 3 Oct 2023 | £173,951 | £170,000 | 13 LAKE AVENUE |
| 28 Apr 2023 | £181,393 | £178,000 | 2 REGENT PARK GROVE |
| 19 Aug 2022 | £134,127 | £133,500 | 9 LAKE AVENUE |
| 7 Jul 2022 | £146,468 | £145,000 | 19 LAKE AVENUE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 6 Aug 2019. Using an estimated price of £129,730 means this house is valued at £1,365 per sq meter (£126 per sq foot).
The average size of a house on LAKE GROVE is 109 sq meters (1,176 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Scott Grove |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Scott Avenue |
| Jul 2024 | Anti-social behaviour | On or near Lake Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Lake Avenue | |
| Jun 2024 | Anti-social behaviour | On or near Lake Avenue |