£507,054
This estimated value is based upon the latest sale price for the house of £407,000 on 12 Apr 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £407,000 | 12 Apr 2019 |
| £150,000 | 5 Jul 1996 |
| 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 April 2019 the House Price Index for LANCASHIRE was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.583%.Applying this 24.583% change to the original purchase price of £407,000 results in an estimated price of approximately £507,054.
| 12 Apr 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.583 % | £407,000 | £100,054 | £507,054 |
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 | 94.146 % | £383,173 | £790,173 |
| 3 Month Average | 33.264 % | £135,384 | £542,384 |
| 6 Month Average | 31.120 % | £126,659 | £533,659 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £420,419 | £407,500 | 6 CLEVELANDS AVENUE |
| 10 Oct 2023 | £358,134 | £350,000 | 3 BRADSHAWGATE DRIVE |
| 11 Sep 2023 | £326,191 | £319,000 | 37 COVE ROAD |
| 2 Aug 2023 | £493,908 | £485,000 | 15 COVE ROAD |
| 19 Apr 2023 | £1,120,967 | £1,100,000 | 6 ELMSLACK LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Castle Bank | |
| Jul 2024 | Public order | Unable to prosecute suspect | On or near Castle Bank |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Walling'S Lane |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near St John'S Grove |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Bank House Lane |