£129,327
This estimated value is based upon the latest sale price for the house of £127,500 on 30 Jun 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£127,500 | 30 Jun 2022 |
£92,500 | 18 Dec 2006 |
£43,000 | 7 Feb 1997 |
Terraced |
Freehold |
Floor Area: 95 sq meters or 1,022 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 June 2022 the House Price Index for LANCASHIRE was 146.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.433%.Applying this 1.433% change to the original purchase price of £127,500 results in an estimated price of approximately £129,327.
30 Jun 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.5 | 148.6 | 1.433 % | £127,500 | £1,827 | £129,327 |
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 | -15.845 % | £-20,201 | £107,298 |
3 Month Average | -4.704 % | £-5,997 | £121,502 |
6 Month Average | 19.701 % | £25,119 | £152,619 |
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 95 sq meters or 1,022 sq feet when measured on 21 Oct 2021. Using an estimated price of £129,328 means this house is valued at £1,361 per sq meter (£126 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 |