£214,026
This estimated value is based upon the latest sale price for the house of £115,000 on 18 Apr 2005. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £115,000 | 18 Apr 2005 |
| £63,500 | 11 Jan 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 April 2005 the House Price Index for LANCASHIRE was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.110%.Applying this 86.110% change to the original purchase price of £115,000 results in an estimated price of approximately £214,026.
| 18 Apr 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.110 % | £115,000 | £99,026 | £214,026 |
The Postcode Pricing Model uses changes in average sales price within the L39 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 | 121.459 % | £139,677 | £254,677 |
| 3 Month Average | 38.121 % | £43,839 | £158,839 |
| 6 Month Average | 40.322 % | £46,370 | £161,370 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £96,692 | £95,000 | FLAT 50 THE FOUNTAINS GREEN LANE |
| 17 Nov 2023 | £116,728 | £115,000 | FLAT 18 THE FOUNTAINS GREEN LANE |
| 6 Nov 2023 | £194,885 | £192,000 | 84 GREEN LANE |
| 10 Aug 2023 | £143,253 | £142,000 | FLAT 28 THE FOUNTAINS GREEN LANE |
| 7 Jul 2023 | £86,160 | £85,000 | FLAT 51 THE FOUNTAINS GREEN LANE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 18 May 2018. Using an estimated price of £214,027 means this house is valued at £4,196 per sq meter (£389 per sq foot).
The average size of a house on GREEN LANE is 68 sq meters (734 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Green Lane |
| Mar 2024 | Anti-social behaviour | On or near Ellerbrook Way | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ellerbrook Way |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ellerbrook Way |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ellerbrook Way |