£625,517
This estimated value is based upon the latest sale price for the house of £590,000 on 17 Jan 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £590,000 | 17 Jan 2022 |
| £400 | 22 Aug 2019 |
| £384,000 | 19 Nov 2004 |
| £113,000 | 12 Nov 1999 |
| 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 2022 the House Price Index for LANCASHIRE was 141.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 6.020%.Applying this 6.020% change to the original purchase price of £590,000 results in an estimated price of approximately £625,517.
| 17 Jan 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 149.7 | 6.020 % | £590,000 | £35,517 | £625,517 |
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 | -26.474 % | £-156,196 | £433,803 |
| 3 Month Average | -14.864 % | £-87,697 | £502,302 |
| 6 Month Average | -1.437 % | £-8,478 | £581,521 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £406,242 | £400,000 | THISTLE HOUSE MAIN STREET |
| 24 Nov 2023 | £430,939 | £420,000 | HORREUM HOUSE MAIN STREET |
| 25 Oct 2023 | £378,599 | £370,000 | MALVERN HOUSE MAIN STREET |
| 5 Apr 2023 | £407,624 | £400,000 | CHAPEL CROFT MAIN STREET |
| 8 Jul 2022 | £353,543 | £350,000 | 5 GARS END |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Main Street | |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Main Street |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Station Court |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Lane |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Park Lane |