£1,470,726
This estimated value is based upon the latest sale price for the house of £240,000 on 1 Jul 2024. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £240,000 | 1 Jul 2024 |
| £245,000 | 28 Jun 2024 |
| £171,250 | 31 Jan 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 July 2024 the House Price Index for LANCASHIRE was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £240,000 results in an estimated price of approximately £1,470,726.
| 1 Jul 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £240,000 | £1,230,726 | £1,470,726 |
The Postcode Pricing Model uses changes in average sales price within the OL13 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 | -25.983 % | £-62,358 | £177,641 |
| 3 Month Average | 20.972 % | £50,332 | £290,332 |
| 6 Month Average | -20.447 % | £-49,072 | £190,927 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2023 | £163,718 | £160,000 | 129 NEWCHURCH ROAD |
| 22 Sep 2023 | £82,826 | £81,000 | 39 LEE ROAD |
| 4 Aug 2023 | £248,991 | £244,500 | 6 FERNHILL WAY |
| 12 Jun 2023 | £69,391 | £68,000 | 10 OLIVE STREET |
| 10 Mar 2023 | £161,599 | £158,900 | 4 BACK RUSHTON STREET |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 25 Apr 2019.
The average size of a house on LEE ROAD is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Local resolution | On or near Flag Street |
| Jul 2024 | Anti-social behaviour | On or near Flag Street | |
| Jul 2024 | Anti-social behaviour | On or near Flag Street | |
| Jul 2024 | Anti-social behaviour | On or near Flag Street | |
| Jul 2024 | Anti-social behaviour | On or near Flag Street |