£205,829
This estimated value is based upon the latest sale price for the house of £84,000 on 21 Feb 2003. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There has been one burglary within the last year on or near Marl Pits
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| Price Paid | Date |
|---|---|
| £84,000 | 21 Feb 2003 |
| £32,500 | 18 Jun 2002 |
| Semi-Detached |
| Freehold |
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 2003 the House Price Index for LANCASHIRE was 60.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 145.035%.Applying this 145.035% change to the original purchase price of £84,000 results in an estimated price of approximately £205,829.
| 21 Feb 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 60.6 | 148.6 | 145.035 % | £84,000 | £121,829 | £205,829 |
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 | 136.888 % | £114,986 | £198,986 |
| 3 Month Average | 160.919 % | £135,171 | £219,171 |
| 6 Month Average | 175.873 % | £147,733 | £231,733 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £386,948 | £382,000 | 282 NEWCHURCH ROAD |
| 21 Jul 2023 | £420,662 | £415,000 | 145 NEWCHURCH ROAD |
| 30 Jun 2023 | £465,640 | £460,000 | 99 NEWCHURCH ROAD |
| 1 Jul 2022 | £320,864 | £320,000 | 280 NEWCHURCH ROAD |
| 30 Jun 2022 | £304,300 | £300,000 | 290 NEWCHURCH ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Marl Pits |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Marl Pits |
| Mar 2024 | Anti-social behaviour | On or near Heritage Drive | |
| Mar 2024 | Anti-social behaviour | On or near Heritage Drive | |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Heritage Drive |