£88,327
This estimated value is based upon the latest sale price for the house of £72,000 on 13 Dec 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £72,000 | 13 Dec 2019 |
| Terraced |
| Freehold |
| Floor Area: 157 sq meters or 1,689 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 December 2019 the House Price Index for LANCASHIRE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £72,000 results in an estimated price of approximately £88,327.
| 13 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £72,000 | £16,327 | £88,327 |
The Postcode Pricing Model uses changes in average sales price within the LA4 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 | 20.745 % | £14,936 | £86,936 |
| 3 Month Average | -18.077 % | £-13,015 | £58,984 |
| 6 Month Average | 9.112 % | £6,560 | £78,560 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £127,226 | £125,000 | 33 WESTMINSTER ROAD |
| 28 Jun 2023 | £141,717 | £140,000 | 39 WESTMINSTER ROAD |
| 27 Jan 2023 | £124,414 | £125,000 | 26 CHATSWORTH ROAD |
| 20 Jan 2023 | £180,151 | £181,000 | 34 WESTMINSTER ROAD |
| 22 Aug 2022 | £119,678 | £120,000 | 53 ALBERT ROAD |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 4 Jul 2018. Using an estimated price of £88,327 means this house is valued at £562 per sq meter (£52 per sq foot).
The average size of a house on WESTMINSTER ROAD is 139 sq meters (1,500 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Chatsworth Road |
| Mar 2024 | Anti-social behaviour | On or near Chatsworth Road | |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Chatsworth Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chatsworth Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chatsworth Road |