£345,713
This estimated value is based upon the latest sale price for the house of £275,000 on 8 Dec 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £275,000 | 8 Dec 2017 |
| £209,950 | 19 Aug 2004 |
| £71,500 | 6 Mar 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 2017 the House Price Index for LANCASHIRE was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £275,000 results in an estimated price of approximately £345,713.
| 8 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £275,000 | £70,713 | £345,713 |
The Postcode Pricing Model uses changes in average sales price within the BB4 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 | 11.574 % | £31,829 | £306,829 |
| 3 Month Average | 25.306 % | £69,591 | £344,591 |
| 6 Month Average | 27.390 % | £75,321 | £350,321 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £386,948 | £382,000 | 282 NEWCHURCH ROAD |
| 21 Jul 2023 | £420,662 | £415,000 | 145 NEWCHURCH ROAD |
| 30 Jun 2023 | £465,640 | £460,000 | 99 NEWCHURCH ROAD |
| 25 Nov 2022 | £237,128 | £240,000 | 160 BACUP ROAD |
| 1 Jul 2022 | £320,864 | £320,000 | 280 NEWCHURCH ROAD |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 16 Aug 2017. Using an estimated price of £345,714 means this house is valued at £2,639 per sq meter (£245 per sq foot).
The average size of a house on NEWCHURCH ROAD is 118 sq meters (1,274 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Heritage Drive | |
| Mar 2024 | Anti-social behaviour | On or near Heritage Drive | |
| Mar 2024 | Anti-social behaviour | On or near Heritage Drive | |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Heritage Drive |
| Feb 2024 | Anti-social behaviour | On or near Heritage Drive |