£443,387
This estimated value is based upon the latest sale price for the house of £280,000 on 14 Feb 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £280,000 | 14 Feb 2014 |
| Detached |
| Freehold |
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 February 2014 the House Price Index for LANCASHIRE was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £280,000 results in an estimated price of approximately £443,387.
| 14 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £280,000 | £163,387 | £443,387 |
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 | 70.678 % | £197,899 | £477,899 |
| 3 Month Average | 38.206 % | £106,977 | £386,977 |
| 6 Month Average | 36.950 % | £103,460 | £383,460 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £887,766 | £880,000 | SUMMERWOOD HOUSE SMITHY LANE |
| 23 Jun 2023 | £233,832 | £231,000 | 84 NEW STREET |
| 3 Mar 2023 | £600,659 | £595,000 | 92 NEW STREET |
| 28 Jul 2022 | £205,553 | £205,000 | 9 CARR MOSS LANE |
| 5 Apr 2022 | £189,483 | £184,000 | 7 CARR MOSS LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near New Street | |
| Feb 2024 | Anti-social behaviour | On or near New Street | |
| Mar 2024 | Possession of weapons | Unable to prosecute suspect | On or near Plex Lane |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Southport Road |
| Jan 2024 | Vehicle crime | Action to be taken by another organisation | On or near Summerwood Gardens |