£321,405
This estimated value is based upon the latest sale price for the house of £209,950 on 2 Jun 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£209,950 | 2 Jun 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 77 sq meters or 828 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 June 2014 the House Price Index for LANCASHIRE was 96.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 53.087%.Applying this 53.087% change to the original purchase price of £209,950 results in an estimated price of approximately £321,405.
2 Jun 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.7 | 148.0 | 53.087 % | £209,950 | £111,455 | £321,405 |
The Postcode Pricing Model uses changes in average sales price within the L39 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 | 45.833 % | £96,227 | £306,177 |
3 Month Average | 35.461 % | £74,450 | £284,400 |
6 Month Average | 41.228 % | £86,558 | £296,508 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Mar 2024 | £230,780 | £230,000 | APARTMENT 15 CRAMLINGTON HOUSE GRAMMAR SCHOOL GARDENS |
10 Feb 2023 | £223,891 | £224,950 | 17 MEADOW BANK |
15 Aug 2022 | £322,819 | £325,000 | 9 GRAMMAR SCHOOL GARDENS |
24 Mar 2022 | £319,944 | £310,000 | 9 WILLOW GREEN |
16 Nov 2021 | £188,501 | £175,000 | 41 MILL STREET |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 13 Nov 2012. Using an estimated price of £321,406 means this house is valued at £4,174 per sq meter (£387 per sq foot).
The average size of a house on GRAMMAR SCHOOL GARDENS is 81 sq meters (873 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Meadow Bank |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Meadow Bank |
Jan 2024 | Anti-social behaviour | On or near Millers Court | |
Jan 2024 | Anti-social behaviour | On or near Millers Court | |
Jan 2024 | Anti-social behaviour | On or near Millers Court |