£655,369
This estimated value is based upon the latest sale price for the house of £635,000 on 14 Mar 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £635,000 | 14 Mar 2022 |
| 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 March 2022 the House Price Index for LANCASHIRE was 143.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 3.208%.Applying this 3.208% change to the original purchase price of £635,000 results in an estimated price of approximately £655,369.
| 14 Mar 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 148.0 | 3.208 % | £635,000 | £20,369 | £655,369 |
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 | -41.198 % | £-261,609 | £373,390 |
| 3 Month Average | 4.443 % | £28,212 | £663,212 |
| 6 Month Average | 1.255 % | £7,970 | £642,970 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £422,570 | £420,000 | LITTLE CHEF LANCASTER NEW ROAD |
| 15 Aug 2023 | £653,977 | £650,000 | MIDDLE HOLLY COTTAGE MIDDLE HOLLY |
| 20 Oct 2022 | £9,854 | £10,000 | COVERDALE LANCASTER NEW ROAD |
| 20 Oct 2022 | £985 | £1,000 | HIGHFIELD LANCASTER NEW ROAD |
| 7 Jul 2022 | £209,717 | £210,000 | 8 STATION LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Action to be taken by another organisation | On or near Parking Area |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Six Arches Lane |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Petrol Station |
| Jan 2024 | Anti-social behaviour | On or near Gubberford Lane | |
| Jan 2024 | Anti-social behaviour | On or near Gubberford Lane |