£108,398
This estimated value is based upon the latest sale price for the house of £103,000 on 21 Jan 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £103,000 | 21 Jan 2022 |
| £90,000 | 24 Mar 2016 |
| £55,950 | 7 Oct 2002 |
| Terraced |
| 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 January 2022 the House Price Index for LANCASHIRE was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £103,000 results in an estimated price of approximately £108,398.
| 21 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £103,000 | £5,398 | £108,398 |
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 | -9.542 % | £-9,828 | £93,171 |
| 3 Month Average | -15.592 % | £-16,059 | £86,940 |
| 6 Month Average | -3.268 % | £-3,365 | £99,634 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £269,719 | £265,000 | 78 HIGHER REEDLEY ROAD |
| 4 Aug 2023 | £126,053 | £124,950 | 132 HIGHER REEDLEY ROAD |
| 1 Aug 2023 | £127,616 | £126,500 | 107 HIGHER REEDLEY ROAD |
| 19 Jun 2023 | £126,533 | £125,000 | 118 HIGHER REEDLEY ROAD |
| 28 Apr 2022 | £145,202 | £141,000 | 101 HIGHER REEDLEY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Ribchester Way | |
| Jan 2024 | Anti-social behaviour | On or near Ribchester Way | |
| Jan 2024 | Anti-social behaviour | On or near Ribchester Way | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stoneyhurst Height |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stoneyhurst Height |