£400,771
This estimated value is based upon the latest sale price for the house of £322,000 on 7 Jun 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There has been one burglary within the last year on or near The Grove
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| Price Paid | Date |
|---|---|
| £322,000 | 7 Jun 2019 |
| £270,000 | 11 May 2012 |
| £89,500 | 3 Feb 1995 |
| Terraced |
| Freehold |
| Floor Area: 175 sq meters or 1,883 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 June 2019 the House Price Index for LANCASHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £322,000 results in an estimated price of approximately £400,771.
| 7 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £322,000 | £78,771 | £400,771 |
The Postcode Pricing Model uses changes in average sales price within the LA1 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 | -16.405 % | £-52,823 | £269,176 |
| 3 Month Average | 26.043 % | £83,859 | £405,859 |
| 6 Month Average | 16.975 % | £54,658 | £376,658 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £262,278 | £260,000 | 21 DALE STREET |
| 21 Jun 2022 | £421,510 | £412,500 | 2 THE GROVE |
| 23 May 2022 | £148,879 | £145,000 | 104 PROSPECT STREET |
| 15 Mar 2022 | £119,739 | £114,700 | 28 PROSPECT STREET |
| 21 Dec 2021 | £140,310 | £130,000 | 62 PROSPECT STREET |
This house has a floor area of 175 sq meters or 1,883 sq feet when measured on 24 Jan 2019. Using an estimated price of £400,772 means this house is valued at £2,290 per sq meter (£212 per sq foot).
The average size of a house on THE GROVE is 218 sq meters (2,351 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near The Grove |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near The Grove |
| Jul 2024 | Burglary | Unable to prosecute suspect | On or near The Grove |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near The Grove |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Grove |