£389,015
This estimated value is based upon the latest sale price for the house of £290,000 on 8 Jul 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £290,000 | 8 Jul 2016 |
| £275,000 | 2 Dec 2005 |
| £103,500 | 7 May 1996 |
| Flats/Maisonettes |
| Leasehold |
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 July 2016 the House Price Index for LANCASHIRE was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £290,000 results in an estimated price of approximately £389,015.
| 8 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £290,000 | £99,015 | £389,015 |
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 | 20.733 % | £60,126 | £350,126 |
| 3 Month Average | 19.186 % | £55,638 | £345,638 |
| 6 Month Average | 14.471 % | £41,966 | £331,966 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Sep 2024 | £217,500 | £217,500 | FLAT 5 THE SPINNAKERS, 87 SOUTH PROMENADE |
| 22 Jul 2024 | £385,000 | £385,000 | FLAT 5 LINKS COURT, 83 SOUTH PROMENADE |
| 7 Dec 2023 | £283,718 | £275,000 | FLAT 10 THE SPINNAKERS, 87 SOUTH PROMENADE |
| 28 Feb 2023 | £156,042 | £155,000 | 312 SCHOLARS COURT KINGS ROAD |
| 6 Jun 2022 | £219,696 | £215,000 | FLAT 6 QUAY WEST, 91 SOUTH PROMENADE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Links Road | |
| Aug 2024 | Anti-social behaviour | On or near Links Road | |
| Aug 2024 | Anti-social behaviour | On or near Links Road | |
| Sep 2024 | Criminal damage and arson | Under investigation | On or near King'S Road |
| Jul 2024 | Anti-social behaviour | On or near Fairhaven Road |