£485,261
This estimated value is based upon the latest sale price for the house of £280,000 on 9 Jun 2011. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £280,000 | 9 Jun 2011 |
| £230,000 | 4 May 2006 |
| Terraced |
| 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 June 2011 the House Price Index for LANCASHIRE was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £280,000 results in an estimated price of approximately £485,261.
| 9 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 148.6 | 73.308 % | £280,000 | £205,261 | £485,261 |
The Postcode Pricing Model uses changes in average sales price within the FY6 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 | 7.505 % | £21,014 | £301,014 |
| 3 Month Average | 38.888 % | £108,886 | £388,886 |
| 6 Month Average | 33.171 % | £92,879 | £372,879 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Nov 2022 | £232,188 | £235,000 | MARTLET BARN, 231 PILLING LANE |
| 23 Sep 2022 | £171,614 | £173,000 | 245 PILLING LANE |
| 20 May 2022 | £280,281 | £275,000 | 257A PILLING LANE |
| 30 Mar 2022 | £598,441 | £577,500 | VALLEY LODGE LITTLE TONGUES LANE |
| 21 Feb 2022 | £167,791 | £160,000 | 8 SANDICROFT PLACE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Little Tongues Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Little Tongues Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Little Tongues Lane |
| Feb 2024 | Anti-social behaviour | On or near Sandicroft Place | |
| Feb 2024 | Anti-social behaviour | On or near Sandicroft Place |