£376,589
This estimated value is based upon the latest sale price for the house of £370,000 on 8 Dec 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £370,000 | 8 Dec 2023 |
| £309,000 | 25 Jan 2019 |
| £192,500 | 12 May 2005 |
| Detached |
| Freehold |
| Floor Area: 160 sq meters or 1,722 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 December 2023 the House Price Index for LANCASHIRE was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £370,000 results in an estimated price of approximately £376,589.
| 8 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.0 | 148.6 | 1.781 % | £370,000 | £6,589 | £376,589 |
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 | 132.214 % | £489,191 | £859,191 |
| 3 Month Average | -3.027 % | £-11,198 | £358,801 |
| 6 Month Average | 0.450 % | £1,663 | £371,663 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £376,589 | £370,000 | 7 PIERCE CLOSE |
| 14 Sep 2023 | £395,051 | £390,000 | 25 ROOSEVELT AVENUE |
| 14 Jul 2023 | £282,806 | £279,000 | 3 LEIGHTON DRIVE |
| 14 Jul 2023 | £390,252 | £385,000 | 2 COOLIDGE AVENUE |
| 14 Nov 2022 | £338,895 | £343,000 | 10 GRANT CLOSE |
This house has a floor area of 160 sq meters or 1,722 sq feet when measured on 31 Jan 2018. Using an estimated price of £376,589 means this house is valued at £2,353 per sq meter (£218 per sq foot).
The average size of a house on PIERCE CLOSE is 145 sq meters (1,560 sq feet).
This house is the largest in the street with a floor area of 160 sq meters (1,722 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Levens Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Towneley Close |
| Apr 2024 | Public order | Under investigation | On or near Towneley Close |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Garfield Avenue |
| Mar 2024 | Anti-social behaviour | On or near Denmark Street |