£483,775
This estimated value is based upon the latest sale price for the house of £310,000 on 29 Feb 2008. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £310,000 | 29 Feb 2008 |
| £249,000 | 15 Apr 2005 |
| 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 February 2008 the House Price Index for LANCASHIRE was 94.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 56.057%.Applying this 56.057% change to the original purchase price of £310,000 results in an estimated price of approximately £483,775.
| 29 Feb 2008 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.8 | 148.0 | 56.057 % | £310,000 | £173,775 | £483,775 |
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 | 51.681 % | £160,212 | £470,212 |
| 3 Month Average | 19.696 % | £61,056 | £371,056 |
| 6 Month Average | 35.095 % | £108,795 | £418,795 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £300,689 | £295,000 | OVERDALE WHAMS LANE |
| 26 Aug 2022 | £660,537 | £665,000 | BRUNSTOW |
| 5 Aug 2022 | £744,966 | £750,000 | CROSS HILL COCKERHAM ROAD |
| 21 Jan 2022 | £120,538 | £115,000 | HAYWOOD HOUSE WALLACE LANE |
| 3 Dec 2021 | £554,867 | £520,000 | DOVE COTE WALLACE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Whams Lane |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Preston Lancaster Road |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Potters Brook |