£65,039
This estimated value is based upon the latest sale price for the house of £54,000 on 12 Mar 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £54,000 | 12 Mar 2020 |
| £73,500 | 15 Apr 2005 |
| £31,000 | 10 May 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 March 2020 the House Price Index for LANCASHIRE was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £54,000 results in an estimated price of approximately £65,039.
| 12 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £54,000 | £11,039 | £65,039 |
The Postcode Pricing Model uses changes in average sales price within the FY8 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 | 125.848 % | £67,957 | £121,957 |
| 3 Month Average | 22.890 % | £12,360 | £66,360 |
| 6 Month Average | 27.775 % | £14,998 | £68,998 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £405,181 | £400,000 | 31 PARK ROAD |
| 23 Jun 2023 | £313,801 | £310,000 | 55 PARK ROAD |
| 22 Jun 2023 | £231,302 | £228,500 | 11 THE GABLES, 35 ORCHARD ROAD |
| 7 Mar 2023 | £93,885 | £93,000 | FLAT 2 CONWAY COURT, 13 - 15 PARK ROAD |
| 31 Jan 2023 | £209,015 | £210,000 | 8 THE GABLES, 35 ORCHARD ROAD |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 13 Sep 2018. Using an estimated price of £65,040 means this house is valued at £1,478 per sq meter (£137 per sq foot).
The average size of a house on RICHMOND ROAD is 114 sq meters (1,237 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Richmond Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Richmond Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Richmond Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Richmond Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Richmond Road |