£120,321
This estimated value is based upon the latest sale price for the house of £120,000 on 12 Jan 2023. 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 Kensington Road
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| Price Paid | Date |
|---|---|
| £120,000 | 12 Jan 2023 |
| £86,000 | 10 Sep 2019 |
| £82,000 | 1 Nov 2016 |
| £110,000 | 1 Aug 2007 |
| £80,000 | 10 Mar 2005 |
| £50,000 | 4 Nov 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 January 2023 the House Price Index for LANCASHIRE was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £120,000 results in an estimated price of approximately £120,321.
| 12 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £120,000 | £321 | £120,321 |
The Postcode Pricing Model uses changes in average sales price within the LA1 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 | -26.466 % | £-31,758 | £88,241 |
| 3 Month Average | 4.386 % | £5,263 | £125,263 |
| 6 Month Average | -5.142 % | £-6,170 | £113,829 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £123,125 | £120,000 | FLAT 5 KENSINGTON HOUSE GREAVES ROAD |
| 17 Oct 2023 | £102,324 | £100,000 | 2 THE HASTINGS SCOTFORTH ROAD |
| 5 Oct 2023 | £85,441 | £83,500 | 5 THE HASTINGS SCOTFORTH ROAD |
| 21 Aug 2023 | £101,837 | £100,000 | 27 THE HASTINGS SCOTFORTH ROAD |
| 18 Aug 2023 | £122,204 | £120,000 | 1 CHILTERN COURT |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 20 Dec 2019. Using an estimated price of £120,321 means this house is valued at £2,455 per sq meter (£228 per sq foot).
The average size of a house on SCOTFORTH ROAD is 126 sq meters (1,366 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Kensington Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Kensington Road |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Kensington Road |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Kensington Road |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Belle Vue Drive |