£123,334
This estimated value is based upon the latest sale price for the house of £96,650 on 3 Apr 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £96,650 | 3 Apr 2017 |
| £85,000 | 17 Mar 2004 |
| £49,000 | 26 Apr 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 73 sq meters or 785 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 April 2017 the House Price Index for LANCASHIRE was 115.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.610%.Applying this 27.610% change to the original purchase price of £96,650 results in an estimated price of approximately £123,334.
| 3 Apr 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 146.7 | 27.610 % | £96,650 | £26,684 | £123,334 |
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 | 8.606 % | £8,317 | £104,967 |
| 3 Month Average | 21.063 % | £20,357 | £117,007 |
| 6 Month Average | 24.693 % | £23,866 | £120,516 |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 9 Jul 2012.
The average size of a house on SPRINGFIELD DRIVE is 77 sq meters (833 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Orchard Close |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Shopping Area |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shopping Area |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shopping Area |