£146,244
This estimated value is based upon the latest sale price for the house of £112,000 on 10 Mar 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£112,000 | 10 Mar 2017 |
Flats/Maisonettes |
Leasehold |
Floor Area: 0 sq meters or 0 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 March 2017 the House Price Index for LANCASHIRE was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £112,000 results in an estimated price of approximately £146,244.
10 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.6 | 149.7 | 30.575 % | £112,000 | £34,244 | £146,244 |
The Postcode Pricing Model uses changes in average sales price within the LA5 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 | 58.108 % | £65,081 | £177,081 |
3 Month Average | 20.060 % | £22,467 | £134,467 |
6 Month Average | 11.891 % | £13,317 | £125,317 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £158,880 | £157,500 | 68 LANCASTER ROAD |
28 Mar 2024 | £178,238 | £175,500 | 24 LANCASTER ROAD |
7 Mar 2024 | £106,638 | £105,000 | 22 OXFORD COURT LANCASTER ROAD |
18 Dec 2023 | £149,597 | £145,000 | 16 NEW STREET |
11 Aug 2023 | £155,301 | £152,500 | 10 NEW STREET |
This house has a floor area of 0 sq meters or 0 sq feet when measured on 9 Jan 2009. Using an estimated price of £146,244 means this house is valued at .
The average size of a house on LANCASTER ROAD is 91 sq meters (981 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Stanley Street |
Aug 2024 | Anti-social behaviour | On or near New Street | |
Aug 2024 | Anti-social behaviour | On or near New Street |