£80,415
This estimated value is based upon the latest sale price for the house of £74,950 on 21 Jun 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £74,950 | 21 Jun 2021 |
| £85,000 | 5 Jun 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 June 2021 the House Price Index for LANCASHIRE was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £74,950 results in an estimated price of approximately £80,415.
| 21 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £74,950 | £5,465 | £80,415 |
The Postcode Pricing Model uses changes in average sales price within the LA4 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 | -4.130 % | £-3,095 | £71,854 |
| 3 Month Average | -36.150 % | £-27,094 | £47,855 |
| 6 Month Average | -18.513 % | £-13,875 | £61,074 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Sep 2023 | £177,267 | £175,000 | 62 REGENT PARK GROVE |
| 7 Aug 2023 | £171,500 | £170,000 | 89 WEST END ROAD |
| 16 Mar 2023 | £191,807 | £190,000 | 3 SANDRINGHAM ROAD |
| 27 Jan 2023 | £89,578 | £90,000 | BASEMENT FLAT 2 BALMORAL ROAD |
| 8 Jul 2022 | £135,364 | £135,000 | 85 WEST END ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 23 Nov 2016. Using an estimated price of £80,416 means this house is valued at £1,362 per sq meter (£126 per sq foot).
The average size of a house on BALMORAL ROAD is 92 sq meters (995 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near B5274 |
| Jan 2024 | Anti-social behaviour | On or near B5274 | |
| Jan 2024 | Anti-social behaviour | On or near B5274 | |
| Jan 2024 | Anti-social behaviour | On or near B5274 | |
| Dec 2023 | Anti-social behaviour | On or near B5274 |