£89,716
This estimated value is based upon the latest sale price for the house of £87,500 on 30 Mar 2023. 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 Albany Road
More crime details
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| Price Paid | Date |
|---|---|
| £87,500 | 30 Mar 2023 |
| £20,000 | 30 Jan 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 2023 the House Price Index for LANCASHIRE was 98.7.
The House Price Index as of 1 Dec 2024 is 101.2 which is a change of 2.533%.Applying this 2.533% change to the original purchase price of £87,500 results in an estimated price of approximately £89,716.
| 30 Mar 2023 | 1 Dec 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 101.2 | 2.533 % | £87,500 | £2,216 | £89,716 |
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 | 5.166 % | £4,520 | £92,020 |
| 3 Month Average | 8.024 % | £7,021 | £94,521 |
| 6 Month Average | 14.374 % | £12,577 | £100,077 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2024 | £181,488 | £180,950 | 7 LAKE AVENUE |
| 25 Jul 2024 | £182,140 | £178,000 | 4 REGENT PARK AVENUE |
| 1 May 2024 | £84,248 | £82,500 | 48A BALMORAL ROAD |
| 28 Apr 2023 | £182,694 | £178,000 | 2 REGENT PARK GROVE |
| 30 Mar 2023 | £89,716 | £87,500 | 54 BALMORAL ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 13 Dec 2018. Using an estimated price of £89,716 means this house is valued at £1,546 per sq meter (£143 per sq foot).
The average size of a house on BALMORAL ROAD is 92 sq meters (995 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2024 | Burglary | Unable to prosecute suspect | On or near Albany Road |
| Nov 2024 | Anti-social behaviour | On or near Lake Grove | |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Lake Grove |
| Nov 2024 | Anti-social behaviour | On or near Lake Grove | |
| Dec 2024 | Violence and sexual offences | Under investigation | On or near Westminster Avenue |