£301,350
This estimated value is based upon the latest sale price for the house of £255,000 on 2 Oct 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £255,000 | 2 Oct 2020 |
| £410,000 | 5 Jun 2018 |
| £230,000 | 28 Nov 2014 |
| £246,000 | 25 Jul 2012 |
| 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 October 2020 the House Price Index for LANCASHIRE was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £255,000 results in an estimated price of approximately £301,350.
| 2 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £255,000 | £46,350 | £301,350 |
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 | -9.348 % | £-23,838 | £231,161 |
| 3 Month Average | 0.832 % | £2,120 | £257,120 |
| 6 Month Average | 1.443 % | £3,680 | £258,680 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Mar 2024 | £273,705 | £269,500 | WILSON COTTAGE LANCASTER ROAD |
| 12 Sep 2023 | £511,271 | £500,000 | MOSS EDGE VILLA LANCASTER ROAD |
| 10 Feb 2023 | £312,085 | £310,000 | 2 KEEPERS COTTAGE MORLEY LANE |
| 11 Nov 2022 | £218,976 | £220,000 | 1 MIDDLE BIRKS COTTAGE BRADSHAW LANE |
| 12 Sep 2022 | £37,975 | £38,000 | BOWLAND VIEW BARN BRADSHAW LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near New Lane | |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near New Lane |
| Sep 2024 | Anti-social behaviour | On or near New Lane | |
| Sep 2024 | Anti-social behaviour | On or near New Lane | |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Bone Hill Lane |