£167,217
This estimated value is based upon the latest sale price for the house of £79,995 on 11 Mar 2004. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £79,995 | 11 Mar 2004 |
| £37,000 | 25 Aug 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 68 sq meters or 731 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 March 2004 the House Price Index for LANCASHIRE was 71.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 109.035%.Applying this 109.035% change to the original purchase price of £79,995 results in an estimated price of approximately £167,217.
| 11 Mar 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 148.6 | 109.035 % | £79,995 | £87,222 | £167,217 |
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 | 79.598 % | £63,674 | £143,669 |
| 3 Month Average | 96.285 % | £77,023 | £157,018 |
| 6 Month Average | 140.141 % | £112,105 | £192,100 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jul 2023 | £212,865 | £210,000 | 127 MARTINS LANE |
| 21 Jul 2023 | £162,183 | £160,000 | 91 NIXONS LANE |
| 19 Jul 2023 | £86,160 | £85,000 | 37 NIXONS LANE |
| 12 Apr 2023 | £101,088 | £100,000 | 174 MARTINS LANE |
| 2 Feb 2023 | £149,899 | £150,000 | UNIT 1 TALBOT COURT ORMSKIRK ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 6 Nov 2017. Using an estimated price of £167,218 means this house is valued at £2,459 per sq meter (£228 per sq foot).
The average size of a house on ORMSKIRK ROAD is 94 sq meters (1,017 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Whitstone Drive | |
| Feb 2024 | Anti-social behaviour | On or near Whitstone Drive | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blaydon Park |
| Jan 2024 | Shoplifting | Awaiting court outcome | On or near Blaydon Park |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blaydon Park |