£320,878
This estimated value is based upon the latest sale price for the house of £290,000 on 20 Oct 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £290,000 | 20 Oct 2021 |
| £145,000 | 30 Aug 2016 |
| £127,000 | 31 Mar 2003 |
| £59,000 | 28 Sep 1995 |
| Terraced |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 October 2021 the House Price Index for LANCASHIRE was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £290,000 results in an estimated price of approximately £320,878.
| 20 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 134.3 | 148.6 | 10.648 % | £290,000 | £30,878 | £320,878 |
The Postcode Pricing Model uses changes in average sales price within the LA1 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 | -5.317 % | £-15,420 | £274,579 |
| 3 Month Average | -10.937 % | £-31,715 | £258,284 |
| 6 Month Average | 3.586 % | £10,400 | £300,400 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £222,291 | £219,000 | 2 WINDERMERE ROAD |
| 3 Nov 2023 | £265,430 | £261,500 | 45 WINDERMERE ROAD |
| 20 Sep 2023 | £293,756 | £290,000 | 33 WINDERMERE ROAD |
| 31 Mar 2023 | £156,474 | £155,000 | 12 GRASMERE ROAD |
| 10 Mar 2023 | £305,882 | £303,000 | 85 GRASMERE ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 28 May 2021. Using an estimated price of £320,879 means this house is valued at £2,814 per sq meter (£261 per sq foot).
The average size of a house on GRASMERE ROAD is 72 sq meters (777 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Borrowdale Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Borrowdale Road |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Dalton Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Dalton Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Dalton Road |