£242,283
This estimated value is based upon the latest sale price for the house of £227,750 on 28 Sep 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £227,750 | 28 Sep 2021 |
| £147,000 | 12 May 2017 |
| £40,000 | 18 Aug 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 217 sq meters or 2,335 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 September 2021 the House Price Index for LANCASHIRE was 137.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 6.381%.Applying this 6.381% change to the original purchase price of £227,750 results in an estimated price of approximately £242,283.
| 28 Sep 2021 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 146.7 | 6.381 % | £227,750 | £14,533 | £242,283 |
The Postcode Pricing Model uses changes in average sales price within the LA3 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 | 21.384 % | £48,702 | £276,452 |
| 3 Month Average | 6.014 % | £13,697 | £241,447 |
| 6 Month Average | -4.339 % | £-9,881 | £217,868 |
This house has a floor area of 217 sq meters or 2,335 sq feet when measured on 10 Dec 2013.
The average size of a house on BALMORAL ROAD is 133 sq meters (1,441 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Balmoral Road |
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Balmoral Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Balmoral Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Balmoral Road |
| Dec 2023 | Drugs | Local resolution | On or near Balmoral Road |