£230,581
This estimated value is based upon the latest sale price for the house of £63,000 on 6 Oct 2000. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £63,000 | 6 Oct 2000 |
| Semi-Detached |
| Leasehold |
| Floor Area: 130 sq meters or 1,399 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 October 2000 the House Price Index for LANCASHIRE was 40.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 266.003%.Applying this 266.003% change to the original purchase price of £63,000 results in an estimated price of approximately £230,581.
| 6 Oct 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.6 | 148.6 | 266.003 % | £63,000 | £167,581 | £230,581 |
The Postcode Pricing Model uses changes in average sales price within the PR6 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 | 170.848 % | £107,634 | £170,634 |
| 3 Month Average | 196.187 % | £123,597 | £186,597 |
| 6 Month Average | 249.591 % | £157,242 | £220,242 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Feb 2023 | £196,868 | £197,000 | 16 THE GROVE |
| 20 Apr 2022 | £180,215 | £175,000 | 12 CHERRY TREE GROVE |
| 11 Mar 2022 | £202,071 | £195,000 | 12 THE GROVE |
| 25 Feb 2022 | £262,174 | £250,000 | 17 MAPLE GROVE |
| 15 Nov 2021 | £240,096 | £222,000 | 23 HARTWOOD GREEN |
This house has a floor area of 130 sq meters or 1,399 sq feet when measured on 17 Aug 2016. Using an estimated price of £230,582 means this house is valued at £1,773 per sq meter (£164 per sq foot).
The average size of a house on FERNBANK is 108 sq meters (1,164 sq feet).
This house is the largest in the street with a floor area of 130 sq meters (1,399 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Fern Bank | |
| Dec 2023 | Anti-social behaviour | On or near Fern Bank | |
| Dec 2023 | Anti-social behaviour | On or near Fern Bank | |
| Dec 2023 | Anti-social behaviour | On or near Fern Bank | |
| Jan 2024 | Anti-social behaviour | On or near Pine Grove |