£143,772
This estimated value is based upon the latest sale price for the house of £85,000 on 18 Dec 2012. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£85,000 | 18 Dec 2012 |
£118,000 | 13 Dec 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 586 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 December 2012 the House Price Index for LANCASHIRE was 87.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.144%.Applying this 69.144% change to the original purchase price of £85,000 results in an estimated price of approximately £143,772.
18 Dec 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.9 | 148.6 | 69.144 % | £85,000 | £58,772 | £143,772 |
The Postcode Pricing Model uses changes in average sales price within the LA4 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 | 84.011 % | £71,409 | £156,409 |
3 Month Average | 3.129 % | £2,659 | £87,659 |
6 Month Average | 33.432 % | £28,416 | £113,416 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £356,233 | £350,000 | 464 MARINE ROAD EAST |
13 Jan 2023 | £80,620 | £81,000 | FLAT 6 BEACH STREET |
5 Aug 2022 | £231,377 | £232,000 | 19 BEACH STREET |
21 Jul 2022 | £60,162 | £60,000 | FLAT 37 LAKELAND HOUSE MARINE ROAD EAST |
26 May 2022 | £84,594 | £83,000 | FLAT 16 LAKELAND HOUSE MARINE ROAD EAST |
This house has a floor area of 54 sq meters or 586 sq feet when measured on 16 Feb 2011. Using an estimated price of £143,772 means this house is valued at £2,640 per sq meter (£245 per sq foot).
The average size of a house on MARINE ROAD EAST is 85 sq meters (925 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Anti-social behaviour | On or near Beach Street | |
Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Beach Street |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beach Street |
Feb 2024 | Anti-social behaviour | On or near Princes Crescent | |
Feb 2024 | Anti-social behaviour | On or near Princes Crescent |