£55,728
This estimated value is based upon the latest sale price for the house of £42,500 on 2 Dec 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£42,500 | 2 Dec 2016 |
£54,950 | 13 May 2008 |
Terraced |
Leasehold |
Floor Area: 77 sq meters or 828 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 December 2016 the House Price Index for LANCASHIRE was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £42,500 results in an estimated price of approximately £55,728.
2 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 148.6 | 31.127 % | £42,500 | £13,228 | £55,728 |
The Postcode Pricing Model uses changes in average sales price within the OL13 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 | 124.543 % | £52,930 | £95,430 |
3 Month Average | 84.226 % | £35,796 | £78,296 |
6 Month Average | 48.958 % | £20,807 | £63,307 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £173,027 | £170,000 | 3 BRANDWOOD ROAD |
29 Sep 2023 | £197,526 | £195,000 | 53 BRANDWOOD ROAD |
24 Mar 2023 | £136,284 | £135,000 | 5 WATERBARN LANE |
24 Feb 2023 | £174,882 | £175,000 | 1 WEST VIEW |
18 Nov 2022 | £133,384 | £135,000 | 107 BOOTH ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 5 Oct 2012. Using an estimated price of £55,729 means this house is valued at £723 per sq meter (£67 per sq foot).
The average size of a house on NEWCHURCH ROAD is 105 sq meters (1,130 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Public order | Under investigation | On or near Brandwood Park |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near West View |
Mar 2024 | Anti-social behaviour | On or near Glen Crescent | |
Mar 2024 | Anti-social behaviour | On or near Glen Crescent | |
Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Glen Crescent |