£327,161
This estimated value is based upon the latest sale price for the house of £249,500 on 13 Dec 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £249,500 | 13 Dec 2016 |
| £159,000 | 11 Nov 2002 |
| £70,000 | 4 May 2000 |
| Detached |
| Freehold |
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 December 2016 the House Price Index for LANCASHIRE was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £249,500 results in an estimated price of approximately £327,161.
| 13 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £249,500 | £77,661 | £327,161 |
The Postcode Pricing Model uses changes in average sales price within the L40 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 | 86.004 % | £214,580 | £464,080 |
| 3 Month Average | 14.658 % | £36,571 | £286,071 |
| 6 Month Average | 33.990 % | £84,805 | £334,305 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £127,000 | £127,000 | UNIT 3 LANGLEY COURT LANGLEY ROAD |
| 14 Jul 2023 | £278,752 | £275,000 | 7 CRABTREE LANE |
| 6 Apr 2023 | £424,571 | £420,000 | STAIRCASE CONSTRUCTION CO LANGLEY PLACE |
| 14 Mar 2023 | £111,046 | £110,000 | UNIT 1 LANGLEY COURT LANGLEY ROAD |
| 28 Feb 2023 | £309,792 | £310,000 | 115 NEW LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parking Area |
| Feb 2024 | Criminal damage and arson | Awaiting court outcome | On or near New Lane |