£327,770
This estimated value is based upon the latest sale price for the house of £212,000 on 9 May 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £212,000 | 9 May 2014 |
| £239,995 | 22 Apr 2005 |
| £165,000 | 16 May 2003 |
| £87,000 | 11 Jun 1999 |
| £46,000 | 16 Sep 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 May 2014 the House Price Index for LANCASHIRE was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £212,000 results in an estimated price of approximately £327,770.
| 9 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 148.6 | 54.609 % | £212,000 | £115,770 | £327,770 |
The Postcode Pricing Model uses changes in average sales price within the PR3 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 | 72.332 % | £153,344 | £365,344 |
| 3 Month Average | 35.143 % | £74,503 | £286,503 |
| 6 Month Average | 21.469 % | £45,513 | £257,513 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £569,973 | £560,000 | 16 OLD LANCASTER ROAD |
| 24 Nov 2023 | £142,104 | £140,000 | 14 PINCROFT CLOSE |
| 9 Aug 2022 | £456,272 | £457,500 | 5 HAWTHORN PLACE |
| 22 Jul 2022 | £255,688 | £255,000 | 30 OLD LANCASTER ROAD |
| 25 Mar 2022 | £134,714 | £130,000 | 23 OLD LANCASTER ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Old Lancaster Road |
| Feb 2024 | Anti-social behaviour | On or near Parkers Fold | |
| Feb 2024 | Anti-social behaviour | On or near Parkers Fold | |
| Feb 2024 | Anti-social behaviour | On or near Aspen Close | |
| Feb 2024 | Anti-social behaviour | On or near Aspen Close |