£46,361
This estimated value is based upon the latest sale price for the house of £35,000 on 14 Oct 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £35,000 | 14 Oct 2016 |
| £59,000 | 10 Mar 2008 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 October 2016 the House Price Index for LANCASHIRE was 112.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.461%.Applying this 32.461% change to the original purchase price of £35,000 results in an estimated price of approximately £46,361.
| 14 Oct 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 148.6 | 32.461 % | £35,000 | £11,361 | £46,361 |
The Postcode Pricing Model uses changes in average sales price within the BB9 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 | 42.143 % | £14,750 | £49,750 |
| 3 Month Average | 11.052 % | £3,868 | £38,868 |
| 6 Month Average | 35.475 % | £12,416 | £47,416 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £62,000 | £62,000 | 108 CHAPEL STREET |
| 24 Nov 2023 | £18,270 | £18,000 | 2 BRADLEY VIEW |
| 1 Nov 2023 | £297,403 | £293,000 | RAYNOR ENGINEERING LTD SELDON STREET |
| 26 Jul 2023 | £67,914 | £67,000 | 16 HARVEY STREET |
| 12 Jan 2023 | £48,770 | £49,000 | 39 BARKERHOUSE ROAD |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 24 Jun 2014. Using an estimated price of £46,361 means this house is valued at £610 per sq meter (£56 per sq foot).
The average size of a house on CHAPEL STREET is 95 sq meters (1,029 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Seldon Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Seldon Street |
| Dec 2023 | Possession of weapons | Unable to prosecute suspect | On or near Seldon Street |
| Feb 2024 | Anti-social behaviour | On or near Harvey Street | |
| Feb 2024 | Anti-social behaviour | On or near Harvey Street |