£253,557
This estimated value is based upon the latest sale price for the house of £170,000 on 23 Dec 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £170,000 | 23 Dec 2014 |
| Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 2014 the House Price Index for LANCASHIRE was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £170,000 results in an estimated price of approximately £253,557.
| 23 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 148.6 | 49.151 % | £170,000 | £83,557 | £253,557 |
The Postcode Pricing Model uses changes in average sales price within the L39 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 | 56.141 % | £95,439 | £265,439 |
| 3 Month Average | 24.568 % | £41,765 | £211,765 |
| 6 Month Average | 34.251 % | £58,227 | £228,227 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £802,258 | £792,000 | RUTLAND RUFF LANE |
| 24 Apr 2023 | £995,721 | £985,000 | 38 RUFF LANE |
| 10 Feb 2023 | £224,799 | £224,950 | 17 MEADOW BANK |
| 15 Aug 2022 | £324,128 | £325,000 | 9 GRAMMAR SCHOOL GARDENS |
| 12 Nov 2021 | £88,684 | £82,000 | 37 GRAMMAR SCHOOL GARDENS |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 24 Jan 2015. Using an estimated price of £253,557 means this house is valued at £2,284 per sq meter (£212 per sq foot).
The average size of a house on RUFF LANE is 225 sq meters (2,429 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Pinfold Road |