£383,442
This estimated value is based upon the latest sale price for the house of £284,995 on 30 Jun 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £284,995 | 30 Jun 2016 |
| Detached |
| Leasehold |
| Floor Area: 112 sq meters or 1,205 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 2016 the House Price Index for LANCASHIRE was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £284,995 results in an estimated price of approximately £383,442.
| 30 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 149.7 | 34.544 % | £284,995 | £98,447 | £383,442 |
The Postcode Pricing Model uses changes in average sales price within the BB7 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 | 44.594 % | £127,089 | £412,084 |
| 3 Month Average | 22.592 % | £64,384 | £349,379 |
| 6 Month Average | 36.145 % | £103,011 | £388,006 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2022 | £323,426 | £315,000 | 38 CROAL ROAD |
| 19 Jan 2022 | £360,467 | £340,000 | 2 IRWELL MEWS |
| 30 Sep 2021 | £347,382 | £320,000 | 11 YARROW CRESCENT |
| 25 Jun 2021 | £6,377 | £5,900 | 36 CROAL ROAD |
| 31 Mar 2021 | £317,342 | £283,000 | 2A RIBBLE PROSPECT |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 15 Jun 2016. Using an estimated price of £383,442 means this house is valued at £3,423 per sq meter (£318 per sq foot).
The average size of a house on MEDLOCK WAY is 133 sq meters (1,438 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blakewater Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blakewater Road |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Asland Crescent |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Asland Crescent |
| Jun 2024 | Anti-social behaviour | On or near Hodder Close |