£477,477
This estimated value is based upon the latest sale price for the house of £275,000 on 28 Nov 2011. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £275,000 | 28 Nov 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,300 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 November 2011 the House Price Index for LANCASHIRE was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.628%.Applying this 73.628% change to the original purchase price of £275,000 results in an estimated price of approximately £477,477.
| 28 Nov 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.628 % | £275,000 | £202,477 | £477,477 |
The Postcode Pricing Model uses changes in average sales price within the PR5 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 | 36.615 % | £100,690 | £375,690 |
| 3 Month Average | 46.204 % | £127,061 | £402,061 |
| 6 Month Average | 32.166 % | £88,457 | £363,457 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £226,974 | £220,000 | 21 CRAIGFLOWER COURT |
| 6 Nov 2023 | £256,511 | £250,000 | 4 CRAIGFLOWER COURT |
| 18 Jul 2022 | £365,664 | £362,000 | 5 BRINDLE FOLD |
| 4 Jul 2022 | £666,680 | £660,000 | HOLLY HOUSE BANK HEAD LANE |
| 30 Jun 2022 | £245,242 | £240,000 | 9 WESTFIELD DRIVE |
This house has a floor area of 120 sq meters or 1,300 sq feet when measured on 13 Jul 2010. Using an estimated price of £477,477 means this house is valued at £3,953 per sq meter (£367 per sq foot).
There is one other house on the street which we know the size of, this is BANK COTTAGE BANKHEAD LANE it is 156.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bank Head Lane |
| Jul 2024 | Anti-social behaviour | On or near Craigflower Court | |
| Jul 2024 | Drugs | Under investigation | On or near Craigflower Court |
| Jun 2024 | Anti-social behaviour | On or near Craigflower Court | |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Craigflower Court |