£118,864
This estimated value is based upon the latest sale price for the house of £88,000 on 24 Mar 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £88,000 | 24 Mar 2016 |
| £39,000 | 16 Jul 2001 |
| Terraced |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 March 2016 the House Price Index for LANCASHIRE was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £88,000 results in an estimated price of approximately £118,864.
| 24 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £88,000 | £30,864 | £118,864 |
The Postcode Pricing Model uses changes in average sales price within the FY7 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 | 42.369 % | £37,284 | £125,284 |
| 3 Month Average | 42.906 % | £37,757 | £125,757 |
| 6 Month Average | 35.142 % | £30,925 | £118,925 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2023 | £106,578 | £105,000 | 27 ORCHARD DRIVE |
| 1 Sep 2023 | £148,904 | £147,000 | 354 RADCLIFFE ROAD |
| 29 Aug 2023 | £153,341 | £152,000 | 35 FLAKEFLEET AVENUE |
| 7 Mar 2023 | £103,980 | £103,000 | 101 HEATHFIELD ROAD |
| 29 Apr 2022 | £110,189 | £107,000 | 8 FLAKEFLEET AVENUE |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 19 Dec 2013. Using an estimated price of £118,865 means this house is valued at £1,264 per sq meter (£117 per sq foot).
The average size of a house on ORCHARD DRIVE is 92 sq meters (999 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Awaiting court outcome | On or near Orchard Drive |
| Mar 2024 | Public order | Under investigation | On or near Orchard Drive |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Orchard Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Orchard Drive |
| Jan 2024 | Drugs | Local resolution | On or near Orchard Drive |