£250,000
This estimated value is based upon the latest sale price for the house of £225,000 on 27 Aug 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £225,000 | 27 Aug 2021 |
| £168,000 | 7 Aug 2015 |
| Semi-Detached |
| Leasehold |
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 2021 the House Price Index for LANCASHIRE was 133.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 11.111%.Applying this 11.111% change to the original purchase price of £225,000 results in an estimated price of approximately £250,000.
| 27 Aug 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.0 | 11.111 % | £225,000 | £25,000 | £250,000 |
The Postcode Pricing Model uses changes in average sales price within the L40 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 | 19.265 % | £43,345 | £268,345 |
| 3 Month Average | -1.837 % | £-4,133 | £220,866 |
| 6 Month Average | 8.150 % | £18,337 | £243,337 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £206,958 | £205,000 | 5 WILLOW CRESCENT |
| 4 Apr 2023 | £186,385 | £185,000 | 3 MOSS LANE |
| 29 Mar 2023 | £276,495 | £275,000 | 14 MERE AVENUE |
| 23 Jan 2023 | £226,510 | £228,500 | 20 ALMOND AVENUE |
| 14 Oct 2021 | £216,545 | £196,500 | 2 MERE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Local resolution | On or near Red Cat Lane |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Willow Crescent |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Willow Crescent |
| Mar 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Willow Crescent |
| Apr 2024 | Violence and sexual offences | Local resolution | On or near Mere Avenue |