£395,883
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 68.5.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 52.263%.Applying this 52.263% change to the original purchase price of £260,000 results in an estimated price of approximately £395,883.
19 Jun 2015 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
68.5 | 104.3 | 52.263 % | £260,000 | £135,883 | £395,883 |
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 | 30.016 % | £78,040 | £338,040 |
3 Month Average | 45.252 % | £117,655 | £377,655 |
6 Month Average | 46.857 % | £121,827 | £381,827 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Feb 2025 | £188,847 | £185,950 | 56 BEAUFORT ROAD |
7 Feb 2025 | £253,895 | £250,000 | 2 LODGES GROVE |
10 Jan 2025 | £382,912 | £373,000 | 4 SULBY GROVE |
18 Dec 2024 | £170,223 | £165,000 | 2 LAISTER COURT BARE LANE |
1 Dec 2023 | £204,089 | £190,000 | 83 SOUTH 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 £395,883 means this house is valued at £2,275 per sq meter (£211 per sq foot).
The average size of a house on SOUTH ROAD is 108 sq meters (1,165 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Anti-social behaviour | On or near Lodges Grove | |
Mar 2025 | Anti-social behaviour | On or near Lodges Grove | |
Mar 2025 | Violence and sexual offences | Unable to prosecute suspect | On or near Farnlea Drive |
Feb 2025 | Violence and sexual offences | Under investigation | On or near Farnlea Drive |
Feb 2025 | Vehicle crime | Investigation complete; no suspect identified | On or near Clifton Drive |