£466,794
This estimated value is based upon the latest sale price for the house of £430,000 on 30 Sep 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £430,000 | 30 Sep 2021 |
| £380,000 | 23 Mar 2007 |
| £245,000 | 1 Aug 2003 |
| 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 September 2021 the House Price Index for LANCASHIRE was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £430,000 results in an estimated price of approximately £466,794.
| 30 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £430,000 | £36,794 | £466,794 |
The Postcode Pricing Model uses changes in average sales price within the L40 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 | 8.569 % | £36,847 | £466,847 |
| 3 Month Average | 87.452 % | £376,044 | £806,044 |
| 6 Month Average | 116.304 % | £500,105 | £930,105 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £358,000 | £352,500 | 65 GLOVERS WAY |
| 29 Sep 2023 | £281,199 | £275,000 | 4 TOP LOCKS WHEAT LANE |
| 22 Sep 2023 | £434,580 | £425,000 | 6 TOP LOCKS WHEAT LANE |
| 18 Aug 2023 | £137,989 | £135,500 | FARAGHER VIEW, 36 DELPH DRIVE |
| 7 Aug 2023 | £351,337 | £345,000 | 4 OAK MEWS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Wheat Lane | |
| May 2024 | Vehicle crime | Local resolution | On or near Wheat Lane |
| Apr 2024 | Other crime | Unable to prosecute suspect | On or near Delph Drive |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Drive |
| Jun 2024 | Anti-social behaviour | On or near Primrose Close |