£49,372
This estimated value is based upon the latest sale price for the house of £39,950 on 18 Dec 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£39,950 | 18 Dec 2019 |
£23,000 | 19 Sep 2001 |
Leasehold |
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 2019 the House Price Index for LANCASHIRE was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £39,950 results in an estimated price of approximately £49,372.
18 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 149.7 | 23.585 % | £39,950 | £9,422 | £49,372 |
The Postcode Pricing Model uses changes in average sales price within the LA3 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 | 152.708 % | £61,006 | £100,956 |
3 Month Average | 50.768 % | £20,281 | £60,231 |
6 Month Average | 41.499 % | £16,578 | £56,528 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Oct 2023 | £166,788 | £163,000 | 8 WILLACY PARADE |
31 Jan 2023 | £120,321 | £120,000 | 15 WILLACY PARADE |
18 Jan 2023 | £340,911 | £340,000 | 81 NORTON ROAD |
30 Nov 2022 | £84,604 | £85,000 | 6A NORTON GROVE |
19 Aug 2022 | £254,189 | £253,000 | 4 BOSCOMBE AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Norton Drive |
Sep 2024 | Anti-social behaviour | On or near Norton Grove | |
Jul 2024 | Vehicle crime | Under investigation | On or near Willacy Parade |