£214,250
This estimated value is based upon the latest sale price for the house of £115,000 on 9 May 2005. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There has been one burglary within the last year on or near Garratt Close
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| Price Paid | Date |
|---|---|
| £115,000 | 9 May 2005 |
| £75,500 | 28 Feb 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 64 sq meters or 688 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 May 2005 the House Price Index for LANCASHIRE was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.305%.Applying this 86.305% change to the original purchase price of £115,000 results in an estimated price of approximately £214,250.
| 9 May 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.305 % | £115,000 | £99,250 | £214,250 |
The Postcode Pricing Model uses changes in average sales price within the FY6 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 | 9.742 % | £11,203 | £126,203 |
| 3 Month Average | 29.174 % | £33,550 | £148,550 |
| 6 Month Average | 22.162 % | £25,486 | £140,486 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £356,378 | £349,950 | 1 FAIRLIE TERRACE |
| 28 Apr 2023 | £254,765 | £250,000 | 32B PARK ROAD |
| 5 Apr 2023 | £371,957 | £365,000 | 10 STATION ROAD |
| 13 Jan 2023 | £312,836 | £312,000 | 34 PARK ROAD |
| 29 Apr 2022 | £171,175 | £165,000 | 15 STATION ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 5 Jun 2010. Using an estimated price of £214,251 means this house is valued at £3,347 per sq meter (£311 per sq foot).
The average size of a house on STATION ROAD is 83 sq meters (893 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Garratt Close |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Victoria Road |
| Jun 2024 | Violence and sexual offences | Local resolution | On or near Victoria Road |
| Jun 2024 | Violence and sexual offences | Local resolution | On or near Victoria Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Park Road |