£354,646
This estimated value is based upon the latest sale price for the house of £63,000 on 26 May 1995. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £63,000 | 26 May 1995 |
| Semi-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 May 1995 the House Price Index for LANCASHIRE was 26.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 462.931%.Applying this 462.931% change to the original purchase price of £63,000 results in an estimated price of approximately £354,646.
| 26 May 1995 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.4 | 148.6 | 462.931 % | £63,000 | £291,646 | £354,646 |
The Postcode Pricing Model uses changes in average sales price within the PR5 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 | 225.465 % | £142,043 | £205,043 |
| 3 Month Average | 276.530 % | £174,213 | £237,213 |
| 6 Month Average | 260.008 % | £163,805 | £226,805 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £185,000 | £185,000 | THE WILLOWS PRESTON NEW ROAD |
| 14 Sep 2023 | £180,305 | £178,000 | 2 AIREY HOUSES |
| 14 Aug 2023 | £141,236 | £140,000 | 10 GRANGE DRIVE |
| 24 Feb 2023 | £157,894 | £158,000 | 43 GRANGE DRIVE |
| 30 Nov 2022 | £306,290 | £310,000 | 2 MILL COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Vicarage Lane | |
| Dec 2023 | Other crime | Awaiting court outcome | On or near Vicarage Lane |
| Dec 2023 | Other crime | Awaiting court outcome | On or near Vicarage Lane |
| Feb 2024 | Anti-social behaviour | On or near M6 | |
| Feb 2024 | Anti-social behaviour | On or near M6 |