£88,332
This estimated value is based upon the latest sale price for the house of £87,500 on 30 Mar 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £87,500 | 30 Mar 2023 |
| £20,000 | 30 Jan 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 March 2023 the House Price Index for LANCASHIRE was 147.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.951%.Applying this 0.951% change to the original purchase price of £87,500 results in an estimated price of approximately £88,332.
| 30 Mar 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 148.6 | 0.951 % | £87,500 | £832 | £88,332 |
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 | 0.104 % | £90 | £87,590 |
| 3 Month Average | -25.109 % | £-21,970 | £65,529 |
| 6 Month Average | 0.451 % | £394 | £87,894 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Apr 2023 | £179,937 | £178,000 | 2 REGENT PARK GROVE |
| 30 Mar 2023 | £88,332 | £87,500 | 54 BALMORAL ROAD |
| 19 Aug 2022 | £133,142 | £133,500 | 9 LAKE AVENUE |
| 7 Jul 2022 | £145,391 | £145,000 | 19 LAKE AVENUE |
| 8 Jun 2022 | £116,648 | £115,000 | 3 LAKE AVENUE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 13 Dec 2018. Using an estimated price of £88,332 means this house is valued at £1,522 per sq meter (£141 per sq foot).
The average size of a house on BALMORAL ROAD is 92 sq meters (995 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Albany Road |
| Dec 2023 | Anti-social behaviour | On or near Lake Grove | |
| Dec 2023 | Anti-social behaviour | On or near Lake Grove | |
| Dec 2023 | Anti-social behaviour | On or near Lake Grove | |
| Dec 2023 | Anti-social behaviour | On or near Lake Grove |