£123,411
This estimated value is based upon the latest sale price for the house of £122,000 on 21 Feb 2024. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£122,000 | 21 Feb 2024 |
£119,950 | 22 Feb 2008 |
£110,000 | 24 Oct 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 64 sq meters or 692 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 February 2024 the House Price Index for LANCASHIRE was 146.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.157%.Applying this 1.157% change to the original purchase price of £122,000 results in an estimated price of approximately £123,411.
21 Feb 2024 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.9 | 148.6 | 1.157 % | £122,000 | £1,411 | £123,411 |
The Postcode Pricing Model uses changes in average sales price within the LA1 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 | 1.942 % | £2,369 | £124,369 |
3 Month Average | -14.597 % | £-17,808 | £104,191 |
6 Month Average | 0.389 % | £474 | £122,474 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Dec 2023 | £559,795 | £550,000 | MAYO HOUSE MEETING HOUSE LANE |
23 Aug 2023 | £807,060 | £800,000 | 8 CASTLE PARK |
22 Aug 2023 | £383,354 | £380,000 | FLAT 3 2 CASTLE PARK |
18 Aug 2023 | £398,486 | £395,000 | FLAT 5 2 CASTLE PARK |
30 Jun 2023 | £212,575 | £210,000 | FLAT 1 KELNE HOUSE CASTLE PARK MEWS |
This house has a floor area of 64 sq meters or 692 sq feet when measured on 3 Apr 2009.
The average size of a house on CASTLE PARK MEWS is 59 sq meters (638 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Other theft | Unable to prosecute suspect | On or near Castle Park Mews |
Dec 2023 | Drugs | Under investigation | On or near Castle Park Mews |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hill Side |