£207,777
This estimated value is based upon the latest sale price for the house of £187,000 on 31 Aug 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £187,000 | 31 Aug 2021 |
| £150,000 | 30 Sep 2016 |
| Semi-Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 August 2021 the House Price Index for LANCASHIRE was 133.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 11.111%.Applying this 11.111% change to the original purchase price of £187,000 results in an estimated price of approximately £207,777.
| 31 Aug 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.0 | 11.111 % | £187,000 | £20,777 | £207,777 |
The Postcode Pricing Model uses changes in average sales price within the L39 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 | 57.576 % | £107,666 | £294,666 |
| 3 Month Average | 13.146 % | £24,582 | £211,582 |
| 6 Month Average | 15.056 % | £28,154 | £215,154 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2022 | £283,087 | £285,000 | 40 TOWER HILL |
| 25 Jul 2022 | £272,132 | £272,500 | 2 SUNNYFIELDS |
| 26 Apr 2022 | £307,641 | £299,950 | 34 TOWER HILL |
| 14 Apr 2022 | £194,872 | £190,000 | 32 DERBY HILL ROAD |
| 20 Sep 2021 | £241,479 | £225,000 | 60 TOWER HILL |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 25 Jul 2013. Using an estimated price of £207,778 means this house is valued at £3,196 per sq meter (£296 per sq foot).
The average size of a house on DERBY HILL ROAD is 74 sq meters (802 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Oakfields | |
| Feb 2024 | Anti-social behaviour | On or near Oakfields | |
| Feb 2024 | Anti-social behaviour | On or near Oakfields | |
| Mar 2024 | Anti-social behaviour | On or near Tower Hill | |
| Mar 2024 | Anti-social behaviour | On or near Tower Hill |