£320,861
This estimated value is based upon the latest sale price for the house of £224,500 on 28 Aug 2015. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £224,500 | 28 Aug 2015 |
| £102,000 | 14 Dec 2001 |
| £68,000 | 29 Aug 1997 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 781 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 August 2015 the House Price Index for LANCASHIRE was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £224,500 results in an estimated price of approximately £320,861.
| 28 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £224,500 | £96,361 | £320,861 |
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 | 21.636 % | £48,572 | £273,072 |
| 3 Month Average | 21.622 % | £48,540 | £273,040 |
| 6 Month Average | 28.714 % | £64,463 | £288,963 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £231,551 | £227,500 | 2 HODDER PLACE |
| 17 Nov 2023 | £309,583 | £305,000 | 30 CORK ROAD |
| 31 Aug 2023 | £257,251 | £255,000 | 7 THE SPINNEY |
| 4 Jul 2023 | £324,366 | £320,000 | 3 CRANWELL AVENUE |
| 18 Jan 2023 | £209,015 | £210,000 | 19 HODDER PLACE |
This house has a floor area of 72 sq meters or 781 sq feet when measured on 30 Sep 2011. Using an estimated price of £320,862 means this house is valued at £4,422 per sq meter (£410 per sq foot).
The average size of a house on THE SPINNEY is 94 sq meters (1,020 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Worcester Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Shrewsbury Drive | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Canterbury Avenue |
| Dec 2023 | Anti-social behaviour | On or near Canterbury Avenue | |
| Dec 2023 | Anti-social behaviour | On or near Canterbury Avenue |