£224,564
This estimated value is based upon the latest sale price for the house of £194,225 on 17 Dec 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There has been one burglary within the last year on or near Rydal Road
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| Price Paid | Date |
|---|---|
| £194,225 | 17 Dec 2020 |
| £164,000 | 24 Jul 2015 |
| £117,350 | 21 Dec 2011 |
| Terraced |
| Freehold |
| Floor Area: 77 sq meters or 828 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 December 2020 the House Price Index for LANCASHIRE was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £194,225 results in an estimated price of approximately £224,564.
| 17 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £194,225 | £30,339 | £224,564 |
The Postcode Pricing Model uses changes in average sales price within the LA1 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 | 20.511 % | £39,837 | £234,062 |
| 3 Month Average | 5.380 % | £10,449 | £204,674 |
| 6 Month Average | 12.238 % | £23,769 | £217,994 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £152,755 | £150,000 | 83 GRASMERE ROAD |
| 7 Aug 2023 | £209,784 | £206,000 | 45 PARK ROAD |
| 17 Apr 2023 | £245,594 | £241,000 | 80 WINDERMERE ROAD |
| 10 Mar 2023 | £308,146 | £303,000 | 85 GRASMERE ROAD |
| 13 Feb 2023 | £135,908 | £135,000 | 14 DAVIDSON STREET |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 28 Dec 2014. Using an estimated price of £224,565 means this house is valued at £2,916 per sq meter (£270 per sq foot).
The average size of a house on RYDAL ROAD is 121 sq meters (1,303 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Rydal Road |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Rydal Road |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Rydal Road |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Hartington Street |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parker Street |