£159,789
This estimated value is based upon the latest sale price for the house of £120,000 on 8 Jul 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 8 Jul 2016 |
| £120,000 | 4 Jun 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 July 2016 the House Price Index for LANCASHIRE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £120,000 results in an estimated price of approximately £159,789.
| 8 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.158 % | £120,000 | £39,789 | £159,789 |
The Postcode Pricing Model uses changes in average sales price within the FY5 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 | 17.460 % | £20,951 | £140,951 |
| 3 Month Average | 16.331 % | £19,596 | £139,596 |
| 6 Month Average | 26.665 % | £31,998 | £151,998 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £191,677 | £190,000 | 71 ALEXANDRA ROAD |
| 28 Jul 2023 | £177,387 | £175,000 | 20 BALMORAL PLACE |
| 19 Jun 2023 | £217,631 | £214,995 | 19 BALMORAL PLACE |
| 31 Aug 2022 | £249,279 | £249,950 | 14 BELVEDERE ROAD |
| 2 Aug 2022 | £194,427 | £194,950 | 6 BALMORAL PLACE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 19 Apr 2016. Using an estimated price of £159,789 means this house is valued at £1,614 per sq meter (£149 per sq foot).
The average size of a house on BALMORAL PLACE is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Elsby Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Elsby Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Elsby Avenue | |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oak Avenue |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Dorchester Close |