£114,823
This estimated value is based upon the latest sale price for the house of £33,500 on 17 May 2001. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£33,500 | 17 May 2001 |
Terraced |
Freehold |
Floor Area: 95 sq meters or 1,022 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 2001 the House Price Index for LANCASHIRE was 43.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 242.757%.Applying this 242.757% change to the original purchase price of £33,500 results in an estimated price of approximately £114,823.
17 May 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
43.4 | 148.6 | 242.757 % | £33,500 | £81,323 | £114,823 |
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 | 291.473 % | £97,643 | £131,143 |
3 Month Average | 150.746 % | £50,500 | £84,000 |
6 Month Average | 220.479 % | £73,860 | £107,360 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2023 | £179,937 | £178,000 | 2 REGENT PARK GROVE |
30 Mar 2023 | £88,332 | £87,500 | 54 BALMORAL ROAD |
19 Aug 2022 | £133,142 | £133,500 | 9 LAKE AVENUE |
7 Jul 2022 | £145,391 | £145,000 | 19 LAKE AVENUE |
8 Jun 2022 | £116,648 | £115,000 | 3 LAKE AVENUE |
This house has a floor area of 95 sq meters or 1,022 sq feet when measured on 22 Jan 2015. Using an estimated price of £114,824 means this house is valued at £1,208 per sq meter (£112 per sq foot).
The average size of a house on LAKE AVENUE is 102 sq meters (1,104 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Lake Avenue |
Feb 2024 | Anti-social behaviour | On or near Lake Avenue | |
Feb 2024 | Anti-social behaviour | On or near Lake Avenue | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albert Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Scott Grove |