£398,908
This estimated value is based upon the latest sale price for the house of £310,000 on 25 May 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
Get our free house price tracker.
Price Paid | Date |
---|---|
£310,000 | 25 May 2017 |
Detached |
Freehold |
Floor Area: 140 sq meters or 1,506 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 2017 the House Price Index for LANCASHIRE was 115.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.680%.Applying this 28.680% change to the original purchase price of £310,000 results in an estimated price of approximately £398,908.
25 May 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
115.5 | 148.6 | 28.680 % | £310,000 | £88,908 | £398,908 |
The Postcode Pricing Model uses changes in average sales price within the LA4 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 | 58.695 % | £181,953 | £491,953 |
3 Month Average | -4.111 % | £-12,743 | £297,256 |
6 Month Average | 27.951 % | £86,646 | £396,646 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2023 | £353,329 | £350,000 | 113 BROADWAY |
27 Feb 2023 | £239,069 | £239,230 | 38 LATHOM GROVE |
25 Jul 2022 | £245,661 | £245,000 | 242 LANCASTER ROAD |
24 Jun 2022 | £207,888 | £204,950 | 19 ANSTABLE ROAD |
8 Jun 2022 | £228,225 | £225,000 | 37 ANSTABLE ROAD |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 23 Feb 2016. Using an estimated price of £398,909 means this house is valued at £2,849 per sq meter (£264 per sq foot).
The average size of a house on BROADWAY is 147 sq meters (1,584 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Lancaster Road |
Mar 2024 | Anti-social behaviour | On or near Lancaster Road | |
Mar 2024 | Anti-social behaviour | On or near Lathom Grove | |
Mar 2024 | Burglary | Under investigation | On or near Lathom Grove |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Lathom Grove |