£321,408
This estimated value is based upon the latest sale price for the house of £295,000 on 5 Nov 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£295,000 | 5 Nov 2021 |
£274,995 | 24 Mar 2016 |
Detached |
Leasehold |
Floor Area: 112 sq meters or 1,205 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 November 2021 the House Price Index for LANCASHIRE was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £295,000 results in an estimated price of approximately £321,408.
5 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
137.4 | 149.7 | 8.952 % | £295,000 | £26,408 | £321,408 |
The Postcode Pricing Model uses changes in average sales price within the BB7 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 | 65.387 % | £192,890 | £487,890 |
3 Month Average | 22.286 % | £65,743 | £360,743 |
6 Month Average | 6.757 % | £19,934 | £314,934 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Oct 2023 | £342,785 | £335,000 | 1 WYRE CLOSE |
6 Oct 2023 | £327,437 | £320,000 | 47 LUNE ROAD |
3 Mar 2022 | £271,423 | £260,000 | 31 FAIRFIELD DRIVE |
5 Nov 2021 | £321,408 | £295,000 | 92 LUNE ROAD |
30 Sep 2021 | £347,382 | £320,000 | 11 YARROW CRESCENT |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 11 Mar 2016. Using an estimated price of £321,408 means this house is valued at £2,869 per sq meter (£266 per sq foot).
The average size of a house on LUNE ROAD is 104 sq meters (1,120 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Asland Crescent |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Asland Crescent |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blakewater Road |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blakewater Road |
Jul 2024 | Anti-social behaviour | On or near Fairfield Drive |