£205,900
This estimated value is based upon the latest sale price for the house of £155,000 on 5 Sep 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £155,000 | 5 Sep 2016 |
| £78,000 | 12 Jun 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,291 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 September 2016 the House Price Index for LANCASHIRE was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £155,000 results in an estimated price of approximately £205,900.
| 5 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £155,000 | £50,900 | £205,900 |
The Postcode Pricing Model uses changes in average sales price within the FY3 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 | 7.136 % | £11,060 | £166,060 |
| 3 Month Average | 12.339 % | £19,124 | £174,124 |
| 6 Month Average | 14.723 % | £22,821 | £177,821 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £161,412 | £160,000 | 185 NORMOSS ROAD |
| 10 Jul 2023 | £248,342 | £245,000 | 138 NORMOSS ROAD |
| 31 Mar 2023 | £287,711 | £285,000 | 18 THORNBANK |
| 1 Sep 2022 | £130,447 | £131,500 | 15 RAVENS CLOSE |
| 21 Jul 2022 | £245,661 | £245,000 | 171 NORMOSS ROAD |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 8 Jun 2016. Using an estimated price of £205,901 means this house is valued at £1,715 per sq meter (£159 per sq foot).
The average size of a house on NORMOSS ROAD is 123 sq meters (1,331 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Petrol Station | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Feb 2024 | Anti-social behaviour | On or near Petrol Station | |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Petrol Station |
| Dec 2023 | Anti-social behaviour | On or near Petrol Station |