£342,165
This estimated value is based upon the latest sale price for the house of £282,000 on 27 Mar 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £282,000 | 27 Mar 2020 |
| £249,950 | 6 Dec 2004 |
| £215,000 | 7 Oct 2003 |
| Detached |
| Leasehold |
| Floor Area: 147 sq meters or 1,582 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 March 2020 the House Price Index for LANCASHIRE was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £282,000 results in an estimated price of approximately £342,165.
| 27 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £282,000 | £60,165 | £342,165 |
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 | 66.907 % | £188,677 | £470,677 |
| 3 Month Average | 23.180 % | £65,367 | £347,367 |
| 6 Month Average | 10.617 % | £29,939 | £311,939 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £711,874 | £690,000 | 2 POULTON DRIVE |
| 2 Oct 2023 | £381,157 | £372,500 | 166 GARSTANG ROAD EAST |
| 3 Nov 2022 | £204,041 | £204,995 | 7A SAPPHIRE DRIVE |
| 10 Jun 2022 | £247,286 | £242,000 | 5A SAPPHIRE DRIVE |
| 9 Jun 2022 | £166,560 | £163,000 | 105 GARDEN CLOSE |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 22 Feb 2019. Using an estimated price of £342,165 means this house is valued at £2,327 per sq meter (£216 per sq foot).
The average size of a house on THE LILACS is 173 sq meters (1,866 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Coral Close |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Coral Close |
| May 2024 | Vehicle crime | Unable to prosecute suspect | On or near Coral Close |
| Jul 2024 | Other crime | Under investigation | On or near Poulton Gardens |
| Jul 2024 | Anti-social behaviour | On or near Poulton Gardens |