£621
This estimated value is based upon the latest sale price for the house of £550 on 11 May 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £550 | 11 May 2021 |
| £54,000 | 3 Jan 2014 |
| £52,500 | 8 Oct 2002 |
| Freehold |
| Floor Area: 57 sq meters or 613 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 May 2021 the House Price Index for LANCASHIRE was 131.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 13.004%.Applying this 13.004% change to the original purchase price of £550 results in an estimated price of approximately £621.
| 11 May 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 148.6 | 13.004 % | £550 | £71 | £621 |
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 | 48.553 % | £267 | £817 |
| 3 Month Average | 0.412 % | £2 | £552 |
| 6 Month Average | 3.720 % | £20 | £570 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £65,977 | £65,000 | 13 MERSEY STREET |
| 29 Sep 2023 | £155,995 | £154,000 | 2 REDGRAVE COURT |
| 19 Jul 2023 | £50,682 | £50,000 | 1 IRWELL STREET |
| 10 Mar 2023 | £77,228 | £76,500 | 65 DORSET STREET |
| 22 Jul 2022 | £106,286 | £106,000 | 27 DORSET STREET |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 1 Jul 2013. Using an estimated price of £622 means this house is valued at £10 per sq meter (£1 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Mersey Street | |
| Mar 2024 | Anti-social behaviour | On or near Leaver Street | |
| Feb 2024 | Other theft | Under investigation | On or near Leaver Street |
| Mar 2024 | Other theft | Local resolution | On or near Groveside Park |
| Mar 2024 | Burglary | Under investigation | On or near Groveside Park |