£252,053
This estimated value is based upon the latest sale price for the house of £218,000 on 18 Dec 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £218,000 | 18 Dec 2020 |
| £59,950 | 4 Aug 2000 |
| Terraced |
| Leasehold |
| Floor Area: 110 sq meters or 1,184 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 2020 the House Price Index for LANCASHIRE was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £218,000 results in an estimated price of approximately £252,053.
| 18 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £218,000 | £34,053 | £252,053 |
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 | 1.446 % | £3,151 | £221,151 |
| 3 Month Average | 27.795 % | £60,593 | £278,593 |
| 6 Month Average | 37.386 % | £81,502 | £299,502 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £91,538 | £88,725 | 180 NEWCHURCH ROAD |
| 14 Nov 2023 | £61,563 | £60,000 | 186 NEWCHURCH ROAD |
| 2 Oct 2023 | £163,718 | £160,000 | 129 NEWCHURCH ROAD |
| 4 Aug 2023 | £248,991 | £244,500 | 6 FERNHILL WAY |
| 12 Jun 2023 | £69,391 | £68,000 | 10 OLIVE STREET |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 15 Jan 2010. Using an estimated price of £252,054 means this house is valued at £2,291 per sq meter (£212 per sq foot).
There is one other house on the street which we know the size of, this is 4 FERNHILL CLOSE it is 76.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other crime | Unable to prosecute suspect | On or near Fernhill Grove |
| Sep 2024 | Anti-social behaviour | On or near Fernhill Grove | |
| Sep 2024 | Anti-social behaviour | On or near Fernhill Grove | |
| Oct 2024 | Anti-social behaviour | On or near Fernhill Avenue | |
| Oct 2024 | Anti-social behaviour | On or near Fernhill Avenue |