£158,697
This estimated value is based upon the latest sale price for the house of £124,950 on 8 Aug 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £124,950 | 8 Aug 2017 |
| Terraced |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 August 2017 the House Price Index for LANCASHIRE was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £124,950 results in an estimated price of approximately £158,697.
| 8 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.6 | 27.009 % | £124,950 | £33,747 | £158,697 |
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 | 10.447 % | £13,053 | £138,003 |
| 3 Month Average | 34.471 % | £43,071 | £168,021 |
| 6 Month Average | 25.246 % | £31,545 | £156,495 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £165,000 | £165,000 | 29 CLARENCE STREET |
| 3 Nov 2023 | £150,224 | £148,000 | 14 ADELAIDE STREET |
| 2 Jun 2023 | £232,820 | £230,000 | 5 ADELAIDE STREET |
| 19 Apr 2023 | £90,980 | £90,000 | 13 BONFIRE HILL ROAD |
| 29 Jul 2022 | £155,418 | £155,000 | 13 SPENCER STREET |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 8 Jan 2016. Using an estimated price of £158,698 means this house is valued at £2,333 per sq meter (£216 per sq foot).
The average size of a house on SPENCER STREET is 76 sq meters (819 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other crime | Awaiting court outcome | On or near Rock Terrace |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Rock Terrace |
| Feb 2024 | Anti-social behaviour | On or near Bonfire Hill Close | |
| Feb 2024 | Anti-social behaviour | On or near Bonfire Hill Close | |
| Feb 2024 | Anti-social behaviour | On or near Clarence Street |