£225,339
This estimated value is based upon the latest sale price for the house of £46,000 on 3 Nov 1997. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £46,000 | 3 Nov 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 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 November 1997 the House Price Index for LANCASHIRE was 30.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 389.869%.Applying this 389.869% change to the original purchase price of £46,000 results in an estimated price of approximately £225,339.
| 3 Nov 1997 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.2 | 148.0 | 389.869 % | £46,000 | £179,339 | £225,339 |
The Postcode Pricing Model uses changes in average sales price within the FY5 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 | 209.040 % | £96,158 | £142,158 |
| 3 Month Average | 187.724 % | £86,353 | £132,353 |
| 6 Month Average | 199.837 % | £91,924 | £137,924 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £191,162 | £190,000 | 71 ALEXANDRA ROAD |
| 28 Jul 2023 | £176,671 | £175,000 | 20 BALMORAL PLACE |
| 21 Jul 2023 | £85,812 | £85,000 | 17A VICTORIA ROAD EAST |
| 19 Jun 2023 | £216,752 | £214,995 | 19 BALMORAL PLACE |
| 2 Aug 2022 | £193,642 | £194,950 | 6 BALMORAL PLACE |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 24 Jun 2021. Using an estimated price of £225,340 means this house is valued at £3,265 per sq meter (£303 per sq foot).
The average size of a house on BALMORAL PLACE is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Elsby Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Elsby Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Elsby Avenue | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Apr 2024 | Anti-social behaviour | On or near Supermarket |