£340,860
This estimated value is based upon the latest sale price for the house of £270,000 on 16 Mar 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £270,000 | 16 Mar 2018 |
| Semi-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 March 2018 the House Price Index for LANCASHIRE was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £270,000 results in an estimated price of approximately £340,860.
| 16 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £270,000 | £70,860 | £340,860 |
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 | 30.317 % | £81,855 | £351,855 |
| 3 Month Average | 33.022 % | £89,159 | £359,159 |
| 6 Month Average | 17.966 % | £48,508 | £318,508 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £685,533 | £675,000 | LIME KILN BARN HEATONS BRIDGE ROAD |
| 3 Nov 2023 | £420,679 | £410,000 | 58 SMITHY LANE |
| 16 Oct 2023 | £997,659 | £975,000 | MAYFIELD DRUMMERSDALE LANE |
| 28 Apr 2023 | £255,784 | £251,000 | MERSCAR LANE CHAPEL MERSCAR LANE |
| 31 Mar 2023 | £519,170 | £510,500 | 73 MERSCAR LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Oct 2024 | Anti-social behaviour | On or near Willow Grove | |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Moorfield Lane |