£380,353
This estimated value is based upon the latest sale price for the house of £260,000 on 19 Jun 2015. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £260,000 | 19 Jun 2015 |
| Detached |
| Freehold |
| Floor Area: 174 sq meters or 1,872 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 June 2015 the House Price Index for LANCASHIRE was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £260,000 results in an estimated price of approximately £380,353.
| 19 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 149.7 | 46.290 % | £260,000 | £120,353 | £380,353 |
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 | 16.030 % | £41,678 | £301,678 |
| 3 Month Average | 52.873 % | £137,469 | £397,469 |
| 6 Month Average | 48.027 % | £124,870 | £384,870 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £287,497 | £285,000 | 3 SULBY GROVE |
| 1 Dec 2023 | £196,023 | £190,000 | 83 SOUTH ROAD |
| 15 Sep 2023 | £275,844 | £269,763 | 25 LODGES GROVE |
| 24 Mar 2023 | £391,539 | £385,000 | 21 SULBY GROVE |
| 1 Feb 2023 | £159,063 | £158,000 | 58 BEAUFORT ROAD |
This house has a floor area of 174 sq meters or 1,872 sq feet when measured on 12 Jun 2014. Using an estimated price of £380,354 means this house is valued at £2,185 per sq meter (£203 per sq foot).
The average size of a house on SOUTH ROAD is 108 sq meters (1,165 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Clifton Drive |
| Oct 2024 | Anti-social behaviour | On or near Sulby Grove | |
| Oct 2024 | Anti-social behaviour | On or near Sulby Grove | |
| Oct 2024 | Anti-social behaviour | On or near Mayfield Drive | |
| Oct 2024 | Anti-social behaviour | On or near Mayfield Drive |