£96,114
This estimated value is based upon the latest sale price for the house of £78,000 on 4 May 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £78,000 | 4 May 2020 |
| £17,250 | 3 Sep 1999 |
| £17,250 | 3 Sep 1999 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 39 sq meters or 419 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 May 2020 the House Price Index for LANCASHIRE was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £78,000 results in an estimated price of approximately £96,114.
| 4 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £78,000 | £18,114 | £96,114 |
The Postcode Pricing Model uses changes in average sales price within the LA4 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 | 53.977 % | £42,102 | £120,102 |
| 3 Month Average | 25.443 % | £19,845 | £97,845 |
| 6 Month Average | 21.748 % | £16,963 | £94,963 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £82,536 | £80,000 | 28 MORECAMBE STREET |
| 17 Oct 2023 | £40,930 | £40,000 | 9 GREEN STREET |
| 17 Feb 2023 | £127,854 | £127,000 | 26 MORECAMBE STREET |
| 31 Jan 2023 | £100,268 | £100,000 | 3 GARNETT STREET |
| 30 Jan 2023 | £85,228 | £85,000 | 5 STANLEY STREET |
This house has a floor area of 39 sq meters or 419 sq feet when measured on 9 May 2017. Using an estimated price of £96,114 means this house is valued at £2,464 per sq meter (£228 per sq foot).
The average size of a house on CLARENCE STREET is 136 sq meters (1,473 sq feet).
This house is the smallest in the street with a floor area of 39 sq meters (419 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Back Morecambe Street | |
| Jun 2024 | Anti-social behaviour | On or near Back Morecambe Street | |
| Jun 2024 | Other crime | Awaiting court outcome | On or near Back Morecambe Street |
| Jun 2024 | Anti-social behaviour | On or near Back Morecambe Street | |
| Jun 2024 | Anti-social behaviour | On or near Back Morecambe Street |