£186,438
This estimated value is based upon the latest sale price for the house of £125,000 on 9 Dec 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 9 Dec 2014 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 December 2014 the House Price Index for LANCASHIRE was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £125,000 results in an estimated price of approximately £186,438.
| 9 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £125,000 | £61,438 | £186,438 |
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 | 158.725 % | £198,406 | £323,406 |
| 3 Month Average | 29.058 % | £36,322 | £161,322 |
| 6 Month Average | 32.503 % | £40,629 | £165,629 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £111,653 | £110,000 | 1 THURNHAM MEWS |
| 6 Feb 2023 | £199,866 | £200,000 | 9 TOWER COURT |
| 28 Jul 2022 | £193,521 | £193,000 | 14 SPRINGFIELD STREET |
| 8 Feb 2022 | £221,799 | £211,500 | 2 THURNHAM HOUSE THURNHAM STREET |
| 8 Feb 2022 | £354,983 | £338,500 | 1 THURNHAM HOUSE THURNHAM STREET |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 30 Jul 2014. Using an estimated price of £186,439 means this house is valued at £2,273 per sq meter (£211 per sq foot).
The average size of a house on SOUTH ROAD is 158 sq meters (1,703 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Local resolution | On or near South Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near South Road |