£85,229
This estimated value is based upon the latest sale price for the house of £85,000 on 25 Jul 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £85,000 | 25 Jul 2022 |
| £122,500 | 2 Feb 2004 |
| £80,000 | 19 Dec 2002 |
| Flats/Maisonettes |
| Leasehold |
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 July 2022 the House Price Index for LANCASHIRE was 148.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.270%.Applying this 0.270% change to the original purchase price of £85,000 results in an estimated price of approximately £85,229.
| 25 Jul 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.6 | 0.270 % | £85,000 | £229 | £85,229 |
The Postcode Pricing Model uses changes in average sales price within the L40 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 | 8.292 % | £7,048 | £92,048 |
| 3 Month Average | -0.157 % | £-133 | £84,866 |
| 6 Month Average | 17.301 % | £14,705 | £99,705 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £218,829 | £215,000 | 14 LANGDALE DRIVE |
| 28 Jul 2023 | £392,786 | £387,500 | 29 JUNCTION LANE |
| 25 Apr 2023 | £187,014 | £185,000 | 18 LANGDALE DRIVE |
| 4 Oct 2022 | £113,775 | £115,000 | FLAT 3 NETHERBY HOUSE, 25 JUNCTION LANE |
| 31 Aug 2022 | £93,249 | £93,500 | FLAT 5 NETHERBY HOUSE, 25 JUNCTION LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Glenroyd Drive |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Burscough Junction |