£1,036,488
This estimated value is based upon the latest sale price for the house of £842,400 on 28 Mar 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £842,400 | 28 Mar 2019 |
| Freehold |
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 March 2019 the House Price Index for LANCASHIRE was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.040%.Applying this 23.040% change to the original purchase price of £842,400 results in an estimated price of approximately £1,036,488.
| 28 Mar 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.040 % | £842,400 | £194,088 | £1,036,488 |
The Postcode Pricing Model uses changes in average sales price within the PR2 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 | 36.532 % | £307,745 | £1,150,145 |
| 3 Month Average | 10.498 % | £88,435 | £930,835 |
| 6 Month Average | 10.323 % | £86,962 | £929,362 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jul 2023 | £256,426 | £254,000 | 4 WINTER HILL CLOSE |
| 29 Jun 2023 | £856,948 | £850,000 | UNIT 12A ROMAN WAY |
| 28 Feb 2022 | £235,004 | £225,000 | 2 JEFFREY HILL CLOSE |
| 20 Dec 2021 | £2,214,131 | £2,075,000 | GASKELL HOUSE, 45 - 49 ROUGH HEY ROAD |
| 13 Dec 2021 | £5,335 | £5,000 | 69 ROMAN WAY INDUSTRIAL ESTATE |