£657,300
This estimated value is based upon the latest sale price for the house of £535,000 on 17 Dec 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £535,000 | 17 Dec 2018 |
| £560,000 | 24 Aug 2007 |
| Detached |
| Leasehold |
| Floor Area: 198 sq meters or 2,131 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 December 2018 the House Price Index for LANCASHIRE was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.860%.Applying this 22.860% change to the original purchase price of £535,000 results in an estimated price of approximately £657,300.
| 17 Dec 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.860 % | £535,000 | £122,300 | £657,300 |
The Postcode Pricing Model uses changes in average sales price within the L39 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 | 31.783 % | £170,038 | £705,038 |
| 3 Month Average | 8.609 % | £46,057 | £581,057 |
| 6 Month Average | 7.603 % | £40,674 | £575,674 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £653,977 | £650,000 | 144 COTTAGE LANE |
| 31 Jan 2023 | £327,127 | £330,000 | 101 COTTAGE LANE |
| 30 Mar 2022 | £241,506 | £234,000 | 4 GARNETT GREEN |
| 25 Feb 2022 | £365,561 | £350,000 | 156A REDGATE |
| 4 Feb 2022 | £376,006 | £360,000 | 1 THE ORCHARD |
This house has a floor area of 198 sq meters or 2,131 sq feet when measured on 4 Mar 2016. Using an estimated price of £657,300 means this house is valued at £3,319 per sq meter (£308 per sq foot).
The average size of a house on COTTAGE LANE is 125 sq meters (1,352 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near The Orchard |
| Jan 2024 | Anti-social behaviour | On or near Ash Close | |
| Jan 2024 | Anti-social behaviour | On or near Ash Close | |
| Jan 2024 | Anti-social behaviour | On or near Ash Close | |
| Jan 2024 | Anti-social behaviour | On or near Ash Close |