£174,862
This estimated value is based upon the latest sale price for the house of £76,000 on 29 Aug 2003. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £76,000 | 29 Aug 2003 |
| Terraced |
| Freehold |
| Floor Area: 80 sq meters or 861 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 2003 the House Price Index for LANCASHIRE was 64.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 130.083%.Applying this 130.083% change to the original purchase price of £76,000 results in an estimated price of approximately £174,862.
| 29 Aug 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.6 | 148.6 | 130.083 % | £76,000 | £98,862 | £174,862 |
The Postcode Pricing Model uses changes in average sales price within the LA1 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 | 71.844 % | £54,601 | £130,601 |
| 3 Month Average | 73.512 % | £55,869 | £131,869 |
| 6 Month Average | 101.520 % | £77,154 | £153,154 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £146,878 | £145,000 | 24 WILLIAMSON ROAD |
| 30 Aug 2023 | £133,165 | £132,000 | 15 MELBOURNE ROAD |
| 26 Aug 2022 | £129,651 | £130,000 | 10 CROSSDALE SQUARE |
| 30 May 2022 | £127,401 | £125,000 | 5 WOODVILLE STREET |
| 12 Apr 2022 | £162,193 | £157,500 | 3 MELBOURNE ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 19 Feb 2015. Using an estimated price of £174,863 means this house is valued at £2,185 per sq meter (£203 per sq foot).
The average size of a house on MELBOURNE ROAD is 73 sq meters (787 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Melbourne Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Melbourne Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodville Street |
| Feb 2024 | Drugs | Local resolution | On or near Woodville Street |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Woodville Street |