£94,796
This estimated value is based upon the latest sale price for the house of £76,000 on 25 May 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £76,000 | 25 May 2018 |
| £97,000 | 26 Oct 2007 |
| £17,000 | 16 Aug 2004 |
| Terraced |
| Freehold |
| Floor Area: 52 sq meters or 559 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 May 2018 the House Price Index for LANCASHIRE was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £76,000 results in an estimated price of approximately £94,796.
| 25 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £76,000 | £18,796 | £94,796 |
The Postcode Pricing Model uses changes in average sales price within the BB18 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 | 68.171 % | £51,810 | £127,810 |
| 3 Month Average | 73.746 % | £56,046 | £132,046 |
| 6 Month Average | 52.622 % | £39,992 | £115,992 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £60,777 | £60,000 | 36 PHILLIP STREET |
| 8 Sep 2023 | £92,179 | £91,000 | 12A RAINHALL ROAD |
| 4 Aug 2023 | £97,553 | £96,700 | 7 MARKET STREET |
| 28 Jul 2023 | £268,615 | £265,000 | 17 KING STREET |
| 28 Apr 2023 | £113,219 | £112,000 | 7 - 9 NEWTOWN |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 23 Jan 2018. Using an estimated price of £94,796 means this house is valued at £1,823 per sq meter (£169 per sq foot).
The average size of a house on PHILLIP STREET is 80 sq meters (861 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Philip Street | |
| Mar 2024 | Anti-social behaviour | On or near Philip Street | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Back Chapel Street |
| Apr 2024 | Anti-social behaviour | On or near Frank Street | |
| Apr 2024 | Anti-social behaviour | On or near Frank Street |