£166,413
This estimated value is based upon the latest sale price for the house of £119,500 on 16 Nov 2015. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£119,500 | 16 Nov 2015 |
£120,000 | 10 Feb 2005 |
Terraced |
Freehold |
Floor Area: 125 sq meters or 1,349 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 November 2015 the House Price Index for LANCASHIRE was 106.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 39.258%.Applying this 39.258% change to the original purchase price of £119,500 results in an estimated price of approximately £166,413.
16 Nov 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 148.6 | 39.258 % | £119,500 | £46,913 | £166,413 |
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 | 16.759 % | £20,026 | £139,526 |
3 Month Average | 18.800 % | £22,465 | £141,965 |
6 Month Average | 33.472 % | £39,999 | £159,499 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Feb 2023 | £162,391 | £162,500 | 39 WILLOW LANE |
15 Jul 2022 | £115,310 | £115,000 | 27 CEDAR ROAD |
10 Feb 2022 | £142,098 | £135,500 | 52 SALISBURY ROAD |
28 Jan 2022 | £142,075 | £135,000 | 46 WILLOW LANE |
14 Jan 2022 | £131,551 | £125,000 | 65 WILLOW LANE |
This house has a floor area of 125 sq meters or 1,349 sq feet when measured on 16 Jan 2009. Using an estimated price of £166,414 means this house is valued at £1,327 per sq meter (£123 per sq foot).
The average size of a house on ALLANDALE GARDENS is 98 sq meters (1,062 sq feet).
This house is the largest in the street with a floor area of 125 sq meters (1,349 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Other theft | Under investigation | On or near Laburnum Grove |