£59,718
This estimated value is based upon the latest sale price for the house of £60,000 on 27 Jan 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £60,000 | 27 Jan 2023 |
| £30,000 | 17 Jul 2015 |
| Terraced |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 January 2023 the House Price Index for LANCASHIRE was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £60,000 results in an estimated price of approximately £59,718.
| 27 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.6 | -0.469 % | £60,000 | £-281 | £59,718 |
The Postcode Pricing Model uses changes in average sales price within the BB12 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 | -18.957 % | £-11,374 | £48,625 |
| 3 Month Average | -6.852 % | £-4,111 | £55,888 |
| 6 Month Average | -2.609 % | £-1,565 | £58,434 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £97,709 | £95,999 | 71 WOODBINE ROAD |
| 25 Jul 2023 | £53,723 | £53,000 | 8 DICKSON STREET |
| 12 Jul 2023 | £50,682 | £50,000 | 75 GANNOW LANE |
| 26 Apr 2023 | £35,381 | £35,000 | 4 WREN STREET |
| 27 Feb 2023 | £72,451 | £72,500 | 17 WREN STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 22 Feb 2016. Using an estimated price of £59,719 means this house is valued at £841 per sq meter (£78 per sq foot).
The average size of a house on GANNOW LANE is 75 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Southwark | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Southwark |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southwark |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Southwark |
| Dec 2023 | Anti-social behaviour | On or near Southwark |