£301,158
This estimated value is based upon the latest sale price for the house of £236,000 on 26 Apr 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £236,000 | 26 Apr 2017 |
| £230,000 | 11 Jul 2003 |
| £165,000 | 28 Oct 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 130 sq meters or 1,406 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 April 2017 the House Price Index for LANCASHIRE was 115.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.610%.Applying this 27.610% change to the original purchase price of £236,000 results in an estimated price of approximately £301,158.
| 26 Apr 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 146.7 | 27.610 % | £236,000 | £65,158 | £301,158 |
The Postcode Pricing Model uses changes in average sales price within the FY8 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 | -10.766 % | £-25,407 | £210,592 |
| 3 Month Average | 13.940 % | £32,898 | £268,898 |
| 6 Month Average | 11.753 % | £27,737 | £263,737 |
This house has a floor area of 130 sq meters or 1,406 sq feet when measured on 3 May 2011.
The average size of a house on SOUTH PROMENADE is 135 sq meters (1,459 sq feet).
This house is the largest in the street with a floor area of 130 sq meters (1,406 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Fairhaven Road |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Fairhaven Road |