£180,557
This estimated value is based upon the latest sale price for the house of £73,000 on 17 Jan 2003. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £73,000 | 17 Jan 2003 |
| £41,000 | 25 Jul 1997 |
| Terraced |
| Freehold |
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 January 2003 the House Price Index for LANCASHIRE was 60.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 147.338%.Applying this 147.338% change to the original purchase price of £73,000 results in an estimated price of approximately £180,557.
| 17 Jan 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.1 | 148.6 | 147.338 % | £73,000 | £107,557 | £180,557 |
The Postcode Pricing Model uses changes in average sales price within the L40 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 | 236.690 % | £172,783 | £245,783 |
| 3 Month Average | 123.311 % | £90,016 | £163,016 |
| 6 Month Average | 132.580 % | £96,783 | £169,783 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £162,849 | £160,000 | 71 SQUARE LANE |
| 14 Jul 2023 | £230,097 | £227,000 | 54 ELM ROAD |
| 13 Jul 2023 | £334,502 | £330,000 | 2 RICHMOND MEWS |
| 27 Apr 2023 | £217,340 | £215,000 | 53 SQUARE LANE |
| 9 Mar 2023 | £287,711 | £285,000 | 98 SQUARE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Square Lane |
| Feb 2024 | Anti-social behaviour | On or near Square Lane | |
| Feb 2024 | Anti-social behaviour | On or near Square Lane | |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Square Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Richmond Avenue |