£53,514
This estimated value is based upon the latest sale price for the house of £43,000 on 22 Mar 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £43,000 | 22 Mar 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 March 2019 the House Price Index for LANCASHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £43,000 results in an estimated price of approximately £53,514.
| 22 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £43,000 | £10,514 | £53,514 |
The Postcode Pricing Model uses changes in average sales price within the PR7 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 | 19.244 % | £8,274 | £51,274 |
| 3 Month Average | 6.391 % | £2,748 | £45,748 |
| 6 Month Average | 1.002 % | £430 | £43,430 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Apr 2024 | £136,183 | £135,000 | 80 PRESTON ROAD |
| 18 Aug 2023 | £280,051 | £275,000 | 22 THE GROVE |
| 30 Jun 2023 | £188,783 | £185,000 | 316 HIGHFIELD ROAD NORTH |
| 25 Apr 2023 | £208,907 | £205,000 | 39 PRESTON ROAD |
| 16 Feb 2023 | £198,325 | £197,000 | 16 THE GROVE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 27 Apr 2012. Using an estimated price of £53,515 means this house is valued at £863 per sq meter (£80 per sq foot).
There is one other house on the street which we know the size of, this is 8 GILLIBRAND HOUSE LANCASTER COURT it is 58.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Lancaster Court |
| Sep 2024 | Anti-social behaviour | On or near Lancaster Court | |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Lancaster Court |
| Jul 2024 | Anti-social behaviour | On or near Lancaster Court | |
| Jul 2024 | Theft from the person | Unable to prosecute suspect | On or near Lancaster Court |