£101,723
This estimated value is based upon the latest sale price for the house of £97,000 on 10 Feb 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £97,000 | 10 Feb 2022 |
| £79,000 | 23 Apr 2019 |
| £50,000 | 21 May 2004 |
| £30,000 | 28 Nov 2003 |
| £14,500 | 15 Jun 1998 |
| Terraced |
| Leasehold |
| Floor Area: 99 sq meters or 1,065 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 2022 the House Price Index for LANCASHIRE was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £97,000 results in an estimated price of approximately £101,723.
| 10 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £97,000 | £4,723 | £101,723 |
The Postcode Pricing Model uses changes in average sales price within the BB4 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 | -16.672 % | £-16,172 | £80,827 |
| 3 Month Average | -9.378 % | £-9,096 | £87,903 |
| 6 Month Average | -0.048 % | £-46 | £96,953 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £121,059 | £120,000 | 624 BURNLEY ROAD EAST |
| 18 Jul 2023 | £86,160 | £85,000 | 684 - 686 BURNLEY ROAD EAST |
| 14 Jul 2023 | £157,115 | £155,000 | 3 WEST VIEW ROAD |
| 23 Jun 2023 | £192,330 | £190,000 | 16 ELIZABETH STREET |
| 29 Mar 2023 | £121,091 | £119,950 | 8 HIGHTOWN |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 18 Feb 2016. Using an estimated price of £101,723 means this house is valued at £1,027 per sq meter (£95 per sq foot).
There is one other house on the street which we know the size of, this is 4 LAWRENCE STREET it is 92.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Lawrence Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Crabtree Street |
| Jan 2024 | Anti-social behaviour | On or near Crabtree Street | |
| Jan 2024 | Anti-social behaviour | On or near Crabtree Street | |
| Jan 2024 | Anti-social behaviour | On or near Crabtree Street |