£166,481
This estimated value is based upon the latest sale price for the house of £30,000 on 16 Aug 1996. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £30,000 | 16 Aug 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 102 sq meters or 1,101 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 1996 the House Price Index for LANCASHIRE was 26.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 454.939%.Applying this 454.939% change to the original purchase price of £30,000 results in an estimated price of approximately £166,481.
| 16 Aug 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.8 | 148.6 | 454.939 % | £30,000 | £136,481 | £166,481 |
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 | 401.479 % | £120,443 | £150,443 |
| 3 Month Average | 205.824 % | £61,747 | £91,747 |
| 6 Month Average | 294.501 % | £88,350 | £118,350 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £273,257 | £269,763 | 25 LODGES GROVE |
| 30 Jun 2023 | £354,292 | £350,000 | 42 MAYFIELD DRIVE |
| 24 Mar 2023 | £388,662 | £385,000 | 21 SULBY GROVE |
| 10 Mar 2023 | £338,186 | £335,000 | 9 BRANTWOOD AVENUE |
| 26 Aug 2022 | £378,980 | £380,000 | 4 SULBY GROVE |
This house has a floor area of 102 sq meters or 1,101 sq feet when measured on 2 Feb 2012. Using an estimated price of £166,482 means this house is valued at £1,626 per sq meter (£151 per sq foot).
The average size of a house on SULBY GROVE is 121 sq meters (1,308 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Palmer Grove |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Palmer Grove |