£319,580
This estimated value is based upon the latest sale price for the house of £226,500 on 14 Aug 2015. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £226,500 | 14 Aug 2015 |
| £280,000 | 14 Dec 2012 |
| £195,000 | 28 Feb 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 260 sq meters or 2,798 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 August 2015 the House Price Index for LANCASHIRE was 104.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 41.095%.Applying this 41.095% change to the original purchase price of £226,500 results in an estimated price of approximately £319,580.
| 14 Aug 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 146.7 | 41.095 % | £226,500 | £93,080 | £319,580 |
The Postcode Pricing Model uses changes in average sales price within the OL13 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 | 158.710 % | £359,479 | £585,979 |
| 3 Month Average | 102.721 % | £232,662 | £459,162 |
| 6 Month Average | 51.231 % | £116,038 | £342,538 |
This house has a floor area of 260 sq meters or 2,798 sq feet when measured on 7 Sep 2020.
There is one other house on the street which we know the size of, this is 2 SPRINGBANK HOUSE LODGE LANE it is 247.3
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Park Road |
| Feb 2024 | Anti-social behaviour | On or near Park Road | |
| Feb 2024 | Anti-social behaviour | On or near Park Road | |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Park Road |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Park Road |