£83,547
This estimated value is based upon the latest sale price for the house of £44,000 on 8 Oct 2004. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There has been one burglary within the last year on or near Woodbine Road
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| Price Paid | Date |
|---|---|
| £44,000 | 8 Oct 2004 |
| £27,950 | 30 May 2003 |
| Terraced |
| Leasehold |
| Floor Area: 92 sq meters or 990 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 2004 the House Price Index for LANCASHIRE was 78.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 89.881%.Applying this 89.881% change to the original purchase price of £44,000 results in an estimated price of approximately £83,547.
| 8 Oct 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 148.6 | 89.881 % | £44,000 | £39,547 | £83,547 |
The Postcode Pricing Model uses changes in average sales price within the BB12 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 | 31.682 % | £13,940 | £57,940 |
| 3 Month Average | 55.039 % | £24,217 | £68,217 |
| 6 Month Average | 73.267 % | £32,237 | £76,237 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £61,068 | £60,000 | 10 LUBBOCK STREET |
| 14 Dec 2023 | £97,709 | £95,999 | 71 WOODBINE ROAD |
| 30 Jun 2023 | £65,797 | £65,000 | 44 WORDSWORTH STREET |
| 26 Apr 2023 | £35,381 | £35,000 | 4 WREN STREET |
| 27 Feb 2023 | £72,451 | £72,500 | 17 WREN STREET |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 21 Jun 2021. Using an estimated price of £83,548 means this house is valued at £908 per sq meter (£84 per sq foot).
The average size of a house on WOODBINE ROAD is 82 sq meters (891 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Woodbine Road | |
| Feb 2024 | Anti-social behaviour | On or near Woodbine Road | |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Woodbine Road |