£120,047
This estimated value is based upon the latest sale price for the house of £82,250 on 1 May 2015. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £82,250 | 1 May 2015 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2015 the House Price Index for LANCASHIRE was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £82,250 results in an estimated price of approximately £120,047.
| 1 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £82,250 | £37,797 | £120,047 |
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 | 40.396 % | £33,225 | £115,475 |
| 3 Month Average | 33.625 % | £27,656 | £109,906 |
| 6 Month Average | 56.803 % | £46,720 | £128,970 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £116,489 | £115,000 | 67 TONGBARN |
| 27 Mar 2023 | £100,951 | £100,000 | 58 TONGBARN |
| 24 Mar 2023 | £85,808 | £85,000 | 20 TONGBARN |
| 27 Jan 2023 | £110,480 | £111,000 | 141 TONGBARN |
| 6 Jan 2023 | £125,160 | £125,750 | 106 TONGBARN |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 26 Aug 2014. Using an estimated price of £120,047 means this house is valued at £1,412 per sq meter (£131 per sq foot).
The average size of a house on TONGBARN is 89 sq meters (966 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Tongbarn |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Tongbarn |
| Jan 2024 | Robbery | Under investigation | On or near Tongbarn |
| Dec 2023 | Robbery | Under investigation | On or near Tongbarn |
| Mar 2024 | Burglary | Under investigation | On or near Tilcroft |