£257,283
This estimated value is based upon the latest sale price for the house of £205,000 on 31 Jan 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £205,000 | 31 Jan 2018 |
| £187,500 | 4 Nov 2016 |
| £58,000 | 27 Jan 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 January 2018 the House Price Index for LANCASHIRE was 118.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.504%.Applying this 25.504% change to the original purchase price of £205,000 results in an estimated price of approximately £257,283.
| 31 Jan 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 148.6 | 25.504 % | £205,000 | £52,283 | £257,283 |
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 | 64.128 % | £131,462 | £336,462 |
| 3 Month Average | -1.888 % | £-3,871 | £201,128 |
| 6 Month Average | 30.671 % | £62,875 | £267,875 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £229,007 | £225,000 | 20 ROEDEAN AVENUE |
| 17 Nov 2023 | £223,306 | £220,000 | 15 LOW LANE |
| 31 Jul 2023 | £266,588 | £263,000 | 34 KAYSWELL ROAD |
| 10 Feb 2023 | £98,933 | £99,000 | 2 OLD HALL CLOSE |
| 27 Jan 2023 | £313,523 | £315,000 | 1 HEXHAM ROAD |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 4 Mar 2016. Using an estimated price of £257,283 means this house is valued at £2,572 per sq meter (£239 per sq foot).
The average size of a house on LOW LANE is 83 sq meters (897 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Kenyon Road | |
| Feb 2024 | Anti-social behaviour | On or near Kenyon Road | |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Harrow Grove |