£286,831
This estimated value is based upon the latest sale price for the house of £214,950 on 7 Oct 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £214,950 | 7 Oct 2016 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 October 2016 the House Price Index for LANCASHIRE was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £214,950 results in an estimated price of approximately £286,831.
| 7 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £214,950 | £71,881 | £286,831 |
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 | 18.379 % | £39,506 | £254,456 |
| 3 Month Average | 89.364 % | £192,088 | £407,038 |
| 6 Month Average | 47.804 % | £102,754 | £317,704 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £340,462 | £330,000 | 254 NEW LINE |
| 1 Sep 2023 | £102,765 | £100,500 | 264 NEW LINE |
| 28 Apr 2023 | £147,764 | £145,000 | 19 NELSON STREET |
| 21 Feb 2023 | £295,977 | £294,000 | 292 ROCHDALE ROAD |
| 5 Aug 2022 | £126,592 | £126,000 | 301 ROCHDALE ROAD |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 30 Nov 2016. Using an estimated price of £286,832 means this house is valued at £2,472 per sq meter (£229 per sq foot).
The average size of a house on COCKERELL DRIVE is 101 sq meters (1,096 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Kenyon Street |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cobden Street |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cobden Street |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cotton Mill Court |
| Sep 2024 | Burglary | Under investigation | On or near Cotton Mill Court |