£219,485
This estimated value is based upon the latest sale price for the house of £40,000 on 25 Oct 1996. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £40,000 | 25 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 1996 the House Price Index for LANCASHIRE was 27.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 448.715%.Applying this 448.715% change to the original purchase price of £40,000 results in an estimated price of approximately £219,485.
| 25 Oct 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.1 | 148.6 | 448.715 % | £40,000 | £179,485 | £219,485 |
The Postcode Pricing Model uses changes in average sales price within the WN8 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 | 213.490 % | £85,396 | £125,396 |
| 3 Month Average | 202.819 % | £81,127 | £121,127 |
| 6 Month Average | 267.721 % | £107,088 | £147,088 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £182,331 | £180,000 | 288 ORMSKIRK ROAD |
| 5 Sep 2023 | £66,348 | £65,500 | 140 COLINTON |
| 13 Jan 2023 | £109,484 | £110,000 | 277 ORMSKIRK ROAD |
| 25 Jul 2022 | £119,321 | £119,000 | 269 ORMSKIRK ROAD |
| 26 Apr 2022 | £83,414 | £81,000 | 90 COLINTON |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 4 Aug 2015. Using an estimated price of £219,486 means this house is valued at £2,466 per sq meter (£229 per sq foot).
The average size of a house on ORMSKIRK ROAD is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Under investigation | On or near Ormskirk Road |
| Dec 2023 | Anti-social behaviour | On or near Cherrycroft | |
| Dec 2023 | Anti-social behaviour | On or near Cherrycroft | |
| Dec 2023 | Anti-social behaviour | On or near Cherrycroft | |
| Dec 2023 | Anti-social behaviour | On or near Cherrycroft |