£418,146
This estimated value is based upon the latest sale price for the house of £319,995 on 6 Jan 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£319,995 | 6 Jan 2017 |
Detached |
Leasehold |
Floor Area: 131 sq meters or 1,410 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 2017 the House Price Index for LANCASHIRE was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £319,995 results in an estimated price of approximately £418,146.
6 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.7 | 148.6 | 30.673 % | £319,995 | £98,151 | £418,146 |
The Postcode Pricing Model uses changes in average sales price within the LA1 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 | 104.315 % | £333,802 | £653,797 |
3 Month Average | 17.996 % | £57,584 | £377,579 |
6 Month Average | 22.133 % | £70,823 | £390,818 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £254,452 | £250,000 | 18 COTTON SQUARE |
25 Aug 2023 | £247,162 | £245,000 | 53 AFRICA DRIVE |
3 Mar 2023 | £302,853 | £300,000 | 49 AFRICA DRIVE |
12 Aug 2022 | £324,128 | £325,000 | 32 COTTON SQUARE |
13 Apr 2022 | £322,327 | £313,000 | 44 NAIRN ROAD |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 21 Oct 2016. Using an estimated price of £418,147 means this house is valued at £3,191 per sq meter (£296 per sq foot).
The average size of a house on COTTON SQUARE is 100 sq meters (1,086 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Offender given a caution | On or near Cotton Square |
Feb 2024 | Other crime | Under investigation | On or near Africa Drive |
Feb 2024 | Anti-social behaviour | On or near Africa Drive | |
Feb 2024 | Anti-social behaviour | On or near Africa Drive | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Birch Grove |