£336,104
This estimated value is based upon the latest sale price for the house of £215,000 on 27 Feb 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £215,000 | 27 Feb 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 144 sq meters or 1,550 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 February 2014 the House Price Index for LANCASHIRE was 93.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 56.328%.Applying this 56.328% change to the original purchase price of £215,000 results in an estimated price of approximately £336,104.
| 27 Feb 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 146.7 | 56.328 % | £215,000 | £121,104 | £336,104 |
The Postcode Pricing Model uses changes in average sales price within the LA3 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 | 88.827 % | £190,977 | £405,977 |
| 3 Month Average | 33.458 % | £71,935 | £286,935 |
| 6 Month Average | 33.416 % | £71,843 | £286,843 |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 12 Jul 2012.
The average size of a house on MORECAMBE ROAD is 115 sq meters (1,244 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near A589 |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near A589 |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near A589 |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Hall Drive |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Warley Avenue |