£304,637
This estimated value is based upon the latest sale price for the house of £250,000 on 6 Feb 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 6 Feb 2020 |
| Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 February 2020 the House Price Index for LANCASHIRE was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.855%.Applying this 21.855% change to the original purchase price of £250,000 results in an estimated price of approximately £304,637.
| 6 Feb 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.855 % | £250,000 | £54,637 | £304,637 |
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 | 45.394 % | £113,485 | £363,485 |
| 3 Month Average | 24.502 % | £61,254 | £311,254 |
| 6 Month Average | 26.410 % | £66,025 | £316,025 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £336,364 | £330,000 | 201 WIGAN ROAD |
| 24 Nov 2023 | £278,576 | £275,000 | 122 WIGAN ROAD |
| 21 Aug 2023 | £221,346 | £220,000 | 78 WIGAN ROAD |
| 3 Mar 2023 | £52,785 | £52,500 | 3 SPINNER MEWS |
| 7 Feb 2023 | £228,917 | £230,000 | 17 MULBERRY CLOSE |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 17 Oct 2019. Using an estimated price of £304,637 means this house is valued at £2,672 per sq meter (£248 per sq foot).
The average size of a house on MILTON DRIVE is 203 sq meters (2,194 sq feet).
This house is the smallest in the street with a floor area of 114 sq meters (1,227 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Milton Drive |
| Mar 2024 | Anti-social behaviour | On or near Milton Drive | |
| Mar 2024 | Anti-social behaviour | On or near Milton Drive | |
| Mar 2024 | Anti-social behaviour | On or near Milton Drive | |
| Mar 2024 | Anti-social behaviour | On or near Milton Drive |