£374,682
This estimated value is based upon the latest sale price for the house of £230,000 on 23 Feb 2007. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £230,000 | 23 Feb 2007 |
| Terraced |
| Freehold |
| Floor Area: 50 sq meters or 539 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 February 2007 the House Price Index for LANCASHIRE was 91.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.906%.Applying this 62.906% change to the original purchase price of £230,000 results in an estimated price of approximately £374,682.
| 23 Feb 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.2 | 148.6 | 62.906 % | £230,000 | £144,682 | £374,682 |
The Postcode Pricing Model uses changes in average sales price within the LA1 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 | 29.763 % | £68,454 | £298,454 |
| 3 Month Average | 24.762 % | £56,951 | £286,951 |
| 6 Month Average | 40.511 % | £93,174 | £323,174 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £162,404 | £160,000 | 6 CHINA STREET |
| 29 Aug 2023 | £736,443 | £730,000 | FLEET SQUARE NEW ROAD |
| 7 Aug 2023 | £307,692 | £305,000 | 37 - 43 CHINA STREET |
| 26 Jun 2023 | £384,659 | £380,000 | 5 CASTLE HILL |
| 20 Feb 2023 | £124,916 | £125,000 | 4 CHINA STREET |
This house has a floor area of 50 sq meters or 539 sq feet when measured on 9 Jan 2012. Using an estimated price of £374,683 means this house is valued at £7,478 per sq meter (£694 per sq foot).
The average size of a house on CASTLE HILL is 96 sq meters (1,039 sq feet).
This house is the smallest in the street with a floor area of 50 sq meters (539 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Nip Hill | |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Nip Hill |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Castle Grove |
| Mar 2024 | Burglary | Under investigation | On or near Castle Grove |
| Mar 2024 | Burglary | Under investigation | On or near Castle Grove |