£338,028
This estimated value is based upon the latest sale price for the house of £260,000 on 3 Feb 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £260,000 | 3 Feb 2017 |
| 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 2017 the House Price Index for LANCASHIRE was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £260,000 results in an estimated price of approximately £338,028.
| 3 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £260,000 | £78,028 | £338,028 |
The Postcode Pricing Model uses changes in average sales price within the L40 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 | 82.756 % | £215,165 | £475,165 |
| 3 Month Average | 22.552 % | £58,636 | £318,636 |
| 6 Month Average | 30.526 % | £79,368 | £339,368 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Sep 2023 | £151,943 | £150,000 | WILLIAM T BUNGALOW SUMMER STREET |
| 25 Aug 2023 | £204,792 | £203,000 | 5 MELBRECK |
| 24 Mar 2023 | £183,731 | £182,000 | 56 MEREWOOD |
| 30 Sep 2022 | £193,438 | £195,000 | 15 MEREWOOD |
| 8 Aug 2022 | £214,423 | £215,000 | 25 MEREWOOD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Vale Lane |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Vale Lane |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Vale Lane |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Vale Lane |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Melbreck |