£196,144
This estimated value is based upon the latest sale price for the house of £38,300 on 20 Jun 1997. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £38,300 | 20 Jun 1997 |
| Semi-Detached |
| Leasehold |
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 1997 the House Price Index for LANCASHIRE was 29.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 412.126%.Applying this 412.126% change to the original purchase price of £38,300 results in an estimated price of approximately £196,144.
| 20 Jun 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.0 | 148.6 | 412.126 % | £38,300 | £157,844 | £196,144 |
The Postcode Pricing Model uses changes in average sales price within the PR6 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 | 229.197 % | £87,782 | £126,082 |
| 3 Month Average | 244.570 % | £93,670 | £131,970 |
| 6 Month Average | 291.774 % | £111,749 | £150,049 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £146,379 | £145,000 | 55 SWANSEY LANE |
| 11 Jan 2023 | £161,290 | £162,050 | 42 DEREK ROAD |
| 30 Sep 2022 | £178,558 | £180,000 | 63 DEREK ROAD |
| 31 May 2022 | £204,860 | £201,000 | 55 DEREK ROAD |
| 30 Nov 2021 | £200,075 | £184,995 | 46 DEREK ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Derek Road |
| Dec 2023 | Other theft | Under investigation | On or near Chorley Old Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Back Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Back Lane |
| Jan 2024 | Criminal damage and arson | Local resolution | On or near Back Lane |