£111,058
This estimated value is based upon the latest sale price for the house of £62,000 on 26 Nov 2008. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £62,000 | 26 Nov 2008 |
| £54,000 | 16 Dec 2005 |
| £48,995 | 28 May 2004 |
| £10,045 | 29 Jan 1996 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 November 2008 the House Price Index for LANCASHIRE was 83.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 79.126%.Applying this 79.126% change to the original purchase price of £62,000 results in an estimated price of approximately £111,058.
| 26 Nov 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.0 | 148.6 | 79.126 % | £62,000 | £49,058 | £111,058 |
The Postcode Pricing Model uses changes in average sales price within the WN8 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 | -0.149 % | £-92 | £61,907 |
| 3 Month Average | 24.996 % | £15,497 | £77,497 |
| 6 Month Average | 49.247 % | £30,533 | £92,533 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £65,140 | £64,000 | 62 BANKFIELD |
| 1 Dec 2023 | £56,997 | £56,000 | 163 BANKSBARN |
| 17 Aug 2023 | £69,609 | £69,000 | 152 BANKSBARN |
| 23 Jun 2023 | £58,205 | £57,500 | 194 BANKSBARN |
| 9 Jun 2023 | £62,760 | £62,000 | 86 BEECHTREES |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 13 Nov 2013. Using an estimated price of £111,058 means this house is valued at £1,306 per sq meter (£121 per sq foot).
The average size of a house on BANKSBARN is 87 sq meters (937 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Banksbarn | |
| Mar 2024 | Anti-social behaviour | On or near Banksbarn | |
| Mar 2024 | Public order | Under investigation | On or near Banksbarn |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Banksbarn |
| Mar 2024 | Anti-social behaviour | On or near Banksbarn |