£225,887
This estimated value is based upon the latest sale price for the house of £120,000 on 3 Nov 2004. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 3 Nov 2004 |
| £59,681 | 19 Mar 1999 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2004 the House Price Index for LANCASHIRE was 78.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 88.239%.Applying this 88.239% change to the original purchase price of £120,000 results in an estimated price of approximately £225,887.
| 3 Nov 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.9 | 148.6 | 88.239 % | £120,000 | £105,887 | £225,887 |
The Postcode Pricing Model uses changes in average sales price within the PR25 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 | 24.016 % | £28,819 | £148,819 |
| 3 Month Average | 55.487 % | £66,584 | £186,584 |
| 6 Month Average | 54.124 % | £64,948 | £184,948 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £277,862 | £273,000 | 16 LUNE DRIVE |
| 28 Jul 2023 | £557,503 | £550,000 | 104 LANCASTER LANE |
| 11 Jul 2023 | £248,342 | £245,000 | 30 PETUNIA CLOSE |
| 22 Jun 2023 | £258,127 | £255,000 | 111 LANCASTER LANE |
| 29 Jul 2022 | £255,688 | £255,000 | 3 PETUNIA CLOSE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 30 Jul 2013. Using an estimated price of £225,887 means this house is valued at £3,226 per sq meter (£299 per sq foot).
The average size of a house on PETUNIA CLOSE is 93 sq meters (1,007 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Lune Drive | |
| Feb 2024 | Anti-social behaviour | On or near Lune Drive | |
| Jan 2024 | Burglary | Under investigation | On or near Cypress Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Ivy Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Camellia Drive |