£358,930
This estimated value is based upon the latest sale price for the house of £225,000 on 14 Feb 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There has been one burglary within the last year on or near Ratcliffe Wharf Lane
More crime details
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| Price Paid | Date |
|---|---|
| £225,000 | 14 Feb 2014 |
| £245,000 | 27 Jul 2007 |
| Semi-Detached |
| Freehold |
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 2014 the House Price Index for LANCASHIRE was 93.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.525%.Applying this 59.525% change to the original purchase price of £225,000 results in an estimated price of approximately £358,930.
| 14 Feb 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 149.7 | 59.525 % | £225,000 | £133,930 | £358,930 |
The Postcode Pricing Model uses changes in average sales price within the PR3 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 | 14.216 % | £31,986 | £256,986 |
| 3 Month Average | 12.298 % | £27,670 | £252,670 |
| 6 Month Average | 13.630 % | £30,666 | £255,666 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Oct 2024 | £490,000 | £490,000 | LAMB LANE HOUSE SCHOOL LANE |
| 8 Sep 2023 | £572,623 | £560,000 | BLENCATHRA CABUS NOOK LANE |
| 27 Apr 2023 | £428,005 | £420,000 | WEST LODGE GARSTANG ROAD |
| 27 Jan 2023 | £355,951 | £355,000 | THORNFIELD RATCLIFFE WHARF LANE |
| 25 Feb 2022 | £433,147 | £410,000 | NICHOLSONS FARM COTTAGE RATCLIFFE WHARF LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Under investigation | On or near Ratcliffe Wharf Lane |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carnaby Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carnaby Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Carnaby Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Carnaby Close |