£307,185
This estimated value is based upon the latest sale price for the house of £250,000 on 17 Jan 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £250,000 | 17 Jan 2020 |
| 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 January 2020 the House Price Index for LANCASHIRE was 121.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 22.874%.Applying this 22.874% change to the original purchase price of £250,000 results in an estimated price of approximately £307,185.
| 17 Jan 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 149.7 | 22.874 % | £250,000 | £57,185 | £307,185 |
The Postcode Pricing Model uses changes in average sales price within the LA2 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 | -16.019 % | £-40,048 | £209,951 |
| 3 Month Average | 10.011 % | £25,027 | £275,027 |
| 6 Month Average | 15.203 % | £38,006 | £288,006 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Sep 2023 | £971,414 | £950,000 | HIGH BARN |
| 8 Sep 2023 | £414,129 | £405,000 | 2 MEADOWSIDE |
| 20 Apr 2023 | £448,387 | £440,000 | OAK TREES |
| 24 Feb 2023 | £528,531 | £525,000 | FARLETON HOUSE |
| 8 Jul 2022 | £196,974 | £195,000 | 4 CLAUGHTON TERRACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farleton Old Road |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Meadowside |
| Jul 2024 | Anti-social behaviour | On or near Parking Area | |
| Jun 2024 | Other crime | Unable to prosecute suspect | On or near Parking Area |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Parking Area |