£408,570
This estimated value is based upon the latest sale price for the house of £325,000 on 13 Dec 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £325,000 | 13 Dec 2017 |
| Detached |
| Freehold |
| Floor Area: 170 sq meters or 1,829 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 December 2017 the House Price Index for LANCASHIRE was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £325,000 results in an estimated price of approximately £408,570.
| 13 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £325,000 | £83,570 | £408,570 |
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 | 39.003 % | £126,760 | £451,760 |
| 3 Month Average | 28.967 % | £94,143 | £419,143 |
| 6 Month Average | 23.518 % | £76,433 | £401,433 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £472,726 | £467,000 | 4 GREENGATE CLOSE |
| 31 Mar 2023 | £510,813 | £506,000 | 7 HOLLINVIEW CLOSE |
| 24 Feb 2023 | £129,913 | £130,000 | 3 LIME TREE GROVE |
| 24 Jun 2022 | £441,236 | £435,000 | 8 HOLLINGREAVE DRIVE |
| 7 Jan 2022 | £26,310 | £25,000 | 161 BURNLEY ROAD |
This house has a floor area of 170 sq meters or 1,829 sq feet when measured on 12 May 2016. Using an estimated price of £408,571 means this house is valued at £2,403 per sq meter (£223 per sq foot).
There is one other house on the street which we know the size of, this is 1 PARK VIEW CLOSE it is 177.4
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mill Row |
| Jan 2024 | Anti-social behaviour | On or near Willow Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Willow Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Willow Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Willow Avenue |