£232,808
This estimated value is based upon the latest sale price for the house of £137,500 on 8 Jan 2010. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £137,500 | 8 Jan 2010 |
| £57,000 | 6 Aug 2004 |
| Terraced |
| 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 2010 the House Price Index for LANCASHIRE was 86.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 69.315%.Applying this 69.315% change to the original purchase price of £137,500 results in an estimated price of approximately £232,808.
| 8 Jan 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 146.7 | 69.315 % | £137,500 | £95,308 | £232,808 |
The Postcode Pricing Model uses changes in average sales price within the OL12 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 | 72.810 % | £100,113 | £237,613 |
| 3 Month Average | 69.260 % | £95,233 | £232,733 |
| 6 Month Average | 63.341 % | £87,094 | £224,594 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Wham Bottom Lane |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gandy Lane |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Gandy Lane |
| Jan 2024 | Other theft | Action to be taken by another organisation | On or near Bernard Street |