£496,547
This estimated value is based upon the latest sale price for the house of £425,000 on 30 Oct 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£425,000 | 30 Oct 2020 |
£215,000 | 5 Sep 2003 |
Detached |
Leasehold |
Floor Area: 134 sq meters or 1,442 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 2020 the House Price Index for LANCASHIRE was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £425,000 results in an estimated price of approximately £496,547.
30 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 148.0 | 16.835 % | £425,000 | £71,547 | £496,547 |
The Postcode Pricing Model uses changes in average sales price within the L39 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 | 27.980 % | £118,913 | £543,913 |
3 Month Average | 13.044 % | £55,436 | £480,436 |
6 Month Average | 19.633 % | £83,442 | £508,442 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £146,185 | £145,000 | 25 RAVENSCROFT AVENUE |
20 Feb 2023 | £447,882 | £450,000 | 24 ALTYS LANE |
17 Feb 2023 | £129,388 | £130,000 | 29 RAVENSCROFT AVENUE |
11 Nov 2022 | £482,181 | £490,000 | 46 ALTYS LANE |
31 Aug 2022 | £312,886 | £315,000 | 32 BROOK LANE |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 24 Jun 2020. Using an estimated price of £496,547 means this house is valued at £3,705 per sq meter (£344 per sq foot).
The average size of a house on ALTYS LANE is 168 sq meters (1,817 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Altys Lane |
Apr 2024 | Anti-social behaviour | On or near Elm Place | |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Place |
Jan 2024 | Anti-social behaviour | On or near Elm Place | |
Jan 2024 | Anti-social behaviour | On or near Elm Place |