£196,848
This estimated value is based upon the latest sale price for the house of £145,000 on 29 Jan 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There has been one burglary within the last year on or near Park Road
More crime details
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Price Paid | Date |
---|---|
£145,000 | 29 Jan 2016 |
Semi-Detached |
Freehold |
Floor Area: 103 sq meters or 1,112 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 January 2016 the House Price Index for LANCASHIRE was 108.3.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 35.758%.Applying this 35.758% change to the original purchase price of £145,000 results in an estimated price of approximately £196,848.
29 Jan 2016 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 147.0 | 35.758 % | £145,000 | £51,848 | £196,848 |
The Postcode Pricing Model uses changes in average sales price within the PR7 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 | 58.676 % | £85,080 | £230,080 |
3 Month Average | 40.942 % | £59,365 | £204,365 |
6 Month Average | 37.470 % | £54,331 | £199,331 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
23 Oct 2023 | £118,801 | £119,205 | 8 HOPE STREET |
5 May 2023 | £121,082 | £121,000 | FLAT 9 PARK HOUSE, 16 PARK ROAD |
15 Mar 2023 | £236,856 | £237,500 | 53 PARK ROAD |
14 Feb 2023 | £46,234 | £46,800 | FLAT 7 10 PARK ROAD |
16 Dec 2022 | £107,728 | £110,000 | 12 VINE STREET |
This house has a floor area of 103 sq meters or 1,112 sq feet when measured on 26 Feb 2009. Using an estimated price of £196,849 means this house is valued at £1,904 per sq meter (£176 per sq foot).
The average size of a house on PARK ROAD is 120 sq meters (1,295 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2023 | Burglary | Investigation complete; no suspect identified | On or near Park Road |
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Vine Street |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Cross Street |
Nov 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Cross Street |
Nov 2023 | Criminal damage and arson | Unable to prosecute suspect | On or near Cross Street |