£227,524
This estimated value is based upon the latest sale price for the house of £50,000 on 10 Feb 1999. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £50,000 | 10 Feb 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 130 sq meters or 1,399 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 February 1999 the House Price Index for LANCASHIRE was 32.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 355.049%.Applying this 355.049% change to the original purchase price of £50,000 results in an estimated price of approximately £227,524.
| 10 Feb 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.9 | 149.7 | 355.049 % | £50,000 | £177,524 | £227,524 |
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 | 336.858 % | £168,429 | £218,429 |
| 3 Month Average | 353.557 % | £176,778 | £226,778 |
| 6 Month Average | 329.801 % | £164,900 | £214,900 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £109,685 | £108,000 | 4 CLIFTON DRIVE |
| 20 Nov 2023 | £323,204 | £315,000 | 59 BARE LANE |
| 14 Apr 2023 | £188,526 | £185,000 | 111 BEAUFORT ROAD |
| 1 Feb 2023 | £159,063 | £158,000 | 58 BEAUFORT ROAD |
| 11 Nov 2022 | £107,497 | £108,000 | 53 BARE LANE |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 27 Feb 2015. Using an estimated price of £227,524 means this house is valued at £1,750 per sq meter (£162 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 |