£190,585
This estimated value is based upon the latest sale price for the house of £145,000 on 24 Aug 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £145,000 | 24 Aug 2016 |
| £67,000 | 7 Jan 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 2016 the House Price Index for LANCASHIRE was 111.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 31.438%.Applying this 31.438% change to the original purchase price of £145,000 results in an estimated price of approximately £190,585.
| 24 Aug 2016 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 146.7 | 31.438 % | £145,000 | £45,585 | £190,585 |
The Postcode Pricing Model uses changes in average sales price within the WN8 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 | -25.546 % | £-37,042 | £107,957 |
| 3 Month Average | 1.037 % | £1,503 | £146,503 |
| 6 Month Average | 33.044 % | £47,914 | £192,914 |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 14 Oct 2015.
The average size of a house on SPENCERS LANE is 107 sq meters (1,161 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Offender given a caution | On or near Greenway Avenue |
| Mar 2024 | Violence and sexual offences | Offender given a caution | On or near Greenway Avenue |
| Mar 2024 | Violence and sexual offences | Offender given a caution | On or near Greenway Avenue |
| Dec 2023 | Anti-social behaviour | On or near Greenway Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Greenway Avenue |