£356,865
This estimated value is based upon the latest sale price for the house of £360,000 on 26 Jan 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £360,000 | 26 Jan 2023 |
| £98,500 | 26 Sep 1997 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 January 2023 the House Price Index for LANCASHIRE was 149.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.871%.Applying this -0.871% change to the original purchase price of £360,000 results in an estimated price of approximately £356,865.
| 26 Jan 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.0 | -0.871 % | £360,000 | £-3,134 | £356,865 |
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 | -24.424 % | £-87,925 | £272,074 |
| 3 Month Average | -16.483 % | £-59,340 | £300,659 |
| 6 Month Average | -11.366 % | £-40,919 | £319,080 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £356,749 | £350,000 | 5 PINE AVENUE |
| 24 Feb 2023 | £308,541 | £310,000 | 17 PINE AVENUE |
| 27 Jan 2023 | £257,736 | £260,000 | 6 PINE AVENUE |
| 26 Jan 2023 | £356,865 | £360,000 | 8 BURSCOUGH ROAD |
| 30 Sep 2022 | £373,453 | £377,995 | 2 HIGH GROVE PARK |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 12 Aug 2015. Using an estimated price of £356,865 means this house is valued at £3,103 per sq meter (£288 per sq foot).
The average size of a house on BURSCOUGH ROAD is 154 sq meters (1,663 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Pine Grove | |
| Mar 2024 | Anti-social behaviour | On or near Pine Grove | |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Pine Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Pine Drive |
| Jan 2024 | Anti-social behaviour | On or near Pine Drive |