£617,634
This estimated value is based upon the latest sale price for the house of £500,000 on 12 Feb 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £500,000 | 12 Feb 2019 |
| £100,000 | 21 Aug 2018 |
| 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 2019 the House Price Index for LANCASHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £500,000 results in an estimated price of approximately £617,634.
| 12 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £500,000 | £117,634 | £617,634 |
The Postcode Pricing Model uses changes in average sales price within the PR3 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 | 48.375 % | £241,874 | £741,874 |
| 3 Month Average | 29.193 % | £145,967 | £645,967 |
| 6 Month Average | 16.577 % | £82,886 | £582,886 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £700,369 | £690,000 | HILLSIDE WALLACE LANE |
| 30 Jun 2023 | £276,854 | £273,500 | 27 WALLACE LANE |
| 29 Sep 2022 | £163,678 | £165,000 | 3 CORONATION AVENUE |
| 5 Aug 2022 | £747,987 | £750,000 | CROSS HILL COCKERHAM ROAD |
| 21 Jan 2022 | £121,027 | £115,000 | HAYWOOD HOUSE WALLACE LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Preston Lancaster Road |
| Dec 2023 | Other crime | Unable to prosecute suspect | On or near Throstles Nest Court |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Potters Brook |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Potters Brook |
| Dec 2023 | Anti-social behaviour | On or near Potters Brook |