£237,616
This estimated value is based upon the latest sale price for the house of £46,000 on 2 May 1997. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£46,000 | 2 May 1997 |
£23,000 | 25 Sep 1995 |
£23,000 | 17 Aug 1995 |
Detached |
Freehold |
Floor Area: 64 sq meters or 688 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 May 1997 the House Price Index for LANCASHIRE was 28.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 416.558%.Applying this 416.558% change to the original purchase price of £46,000 results in an estimated price of approximately £237,616.
2 May 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.8 | 148.6 | 416.558 % | £46,000 | £191,616 | £237,616 |
The Postcode Pricing Model uses changes in average sales price within the WN8 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 | 179.867 % | £82,738 | £128,738 |
3 Month Average | 223.046 % | £102,601 | £148,601 |
6 Month Average | 295.766 % | £136,052 | £182,052 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Aug 2023 | £141,236 | £140,000 | 33A GREENHEY PLACE |
10 Jul 2023 | £157,115 | £155,000 | 24 WIGAN ROAD |
16 Jun 2023 | £94,140 | £93,000 | 183 WINDROWS |
15 Jun 2023 | £101,226 | £100,000 | 22 WINDROWS |
4 Nov 2022 | £177,846 | £180,000 | 211 HIGH STREET |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 28 Oct 2014. Using an estimated price of £237,617 means this house is valued at £3,712 per sq meter (£344 per sq foot).
The average size of a house on WIGAN ROAD is 118 sq meters (1,271 sq feet).
This house is the smallest in the street with a floor area of 64 sq meters (688 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Wigan Road |