£168,469
This estimated value is based upon the latest sale price for the house of £122,500 on 5 Feb 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There have been two burglaries within the last year on or near Groveside Park
More crime details
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £122,500 | 5 Feb 2016 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 742 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 February 2016 the House Price Index for LANCASHIRE was 108.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 37.526%.Applying this 37.526% change to the original purchase price of £122,500 results in an estimated price of approximately £168,469.
| 5 Feb 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.9 | 149.7 | 37.526 % | £122,500 | £45,969 | £168,469 |
The Postcode Pricing Model uses changes in average sales price within the BB12 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 | 30.939 % | £37,899 | £160,399 |
| 3 Month Average | 37.484 % | £45,917 | £168,417 |
| 6 Month Average | 38.148 % | £46,731 | £169,231 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £157,419 | £155,000 | 70 GROVESIDE PARK |
| 6 Sep 2023 | £122,705 | £120,000 | 48 LOWERHOUSE LANE |
| 18 Aug 2023 | £73,322 | £72,000 | 4 RUTLAND AVENUE |
| 21 Apr 2023 | £205,510 | £201,666 | 80 LOWERHOUSE LANE |
| 28 Nov 2022 | £84,604 | £85,000 | 97 LOWERHOUSE LANE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 15 Jan 2014. Using an estimated price of £168,469 means this house is valued at £2,441 per sq meter (£226 per sq foot).
The average size of a house on GROVESIDE PARK is 70 sq meters (757 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Burglary | Under investigation | On or near Groveside Park |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Groveside Park |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Groveside Park |
| Oct 2024 | Burglary | Under investigation | On or near Groveside Park |
| Sep 2024 | Violence and sexual offences | Awaiting court outcome | On or near Groveside Park |