£701,823
This estimated value is based upon the latest sale price for the house of £572,000 on 11 Sep 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There has been one burglary within the last year on or near Cumeragh Lane
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| Price Paid | Date |
|---|---|
| £572,000 | 11 Sep 2019 |
| £572,000 | 11 Sep 2019 |
| £240,000 | 7 Sep 2001 |
| 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 2019 the House Price Index for LANCASHIRE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £572,000 results in an estimated price of approximately £701,823.
| 11 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £572,000 | £129,823 | £701,823 |
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 | 54.251 % | £310,313 | £882,313 |
| 3 Month Average | 23.438 % | £134,063 | £706,063 |
| 6 Month Average | 13.422 % | £76,771 | £648,771 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2023 | £519,898 | £515,000 | 4 GRIMSARGH MANOR |
| 20 Jan 2023 | £318,500 | £320,000 | LITTLE ACRE CUMERAGH LANE |
| 24 Nov 2022 | £765,725 | £775,000 | 7 SILVER BIRCHES |
| 15 Jul 2022 | £195,526 | £195,000 | 49 CUMERAGH LANE |
| 1 Jul 2022 | £110,197 | £109,900 | 6 BRABINER LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Cumeragh Lane |
| Mar 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Cumeragh Lane |
| Mar 2024 | Burglary | Under investigation | On or near Cumeragh Lane |
| Mar 2024 | Drugs | Unable to prosecute suspect | On or near Cumeragh Lane |
| Mar 2024 | Drugs | Unable to prosecute suspect | On or near Cumeragh Lane |