£142,523
This estimated value is based upon the latest sale price for the house of £117,000 on 31 Jul 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £117,000 | 31 Jul 2020 |
| £105,000 | 1 Mar 2012 |
| £52,500 | 18 Jul 2003 |
| £27,000 | 20 Sep 1996 |
| Terraced |
| Freehold |
| Floor Area: 62 sq meters or 667 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 2020 the House Price Index for LANCASHIRE was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £117,000 results in an estimated price of approximately £142,523.
| 31 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £117,000 | £25,523 | £142,523 |
The Postcode Pricing Model uses changes in average sales price within the LA5 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 | 65.399 % | £76,517 | £193,517 |
| 3 Month Average | 32.595 % | £38,136 | £155,136 |
| 6 Month Average | 23.044 % | £26,961 | £143,961 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Apr 2024 | £141,226 | £140,000 | 2 QUEENS COURT |
| 22 Mar 2024 | £138,122 | £136,000 | 6 EDWARD STREET |
| 14 Nov 2023 | £143,646 | £140,000 | 8 QUEENS COURT |
| 10 Nov 2023 | £128,256 | £125,000 | 3 REDMAYNE COURT ASHTREES WAY |
| 3 Nov 2023 | £146,211 | £142,500 | 10 POND STREET |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 5 Mar 2014. Using an estimated price of £142,524 means this house is valued at £2,298 per sq meter (£213 per sq foot).
The average size of a house on POND TERRACE is 82 sq meters (889 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Shoplifting | Awaiting court outcome | On or near Pond Terrace |
| Aug 2024 | Other theft | Unable to prosecute suspect | On or near Pond Terrace |
| Jul 2024 | Shoplifting | Formal action is not in the public interest | On or near Pond Terrace |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Pond Terrace |
| Jul 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Pond Terrace |