£194,115
This estimated value is based upon the latest sale price for the house of £115,000 on 22 Feb 2013. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £115,000 | 22 Feb 2013 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2013 the House Price Index for LANCASHIRE was 88.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 68.796%.Applying this 68.796% change to the original purchase price of £115,000 results in an estimated price of approximately £194,115.
| 22 Feb 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 148.6 | 68.796 % | £115,000 | £79,115 | £194,115 |
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 | 41.029 % | £47,183 | £162,183 |
| 3 Month Average | 51.000 % | £58,649 | £173,649 |
| 6 Month Average | 58.275 % | £67,016 | £182,016 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Nov 2022 | £237,128 | £240,000 | 160 BACUP ROAD |
| 31 Mar 2022 | £243,522 | £235,000 | 168 BACUP ROAD |
| 14 Jan 2022 | £178,909 | £170,000 | 232 BACUP ROAD |
| 3 Dec 2021 | £115,709 | £108,000 | 27 WHEATHOLME STREET |
| 21 May 2021 | £242,958 | £215,000 | 3 CO-OPERATION STREET |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 7 Aug 2012. Using an estimated price of £194,115 means this house is valued at £2,205 per sq meter (£204 per sq foot).
The average size of a house on BACUP ROAD is 103 sq meters (1,114 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Bilberry Place |
| Jan 2024 | Drugs | Offender given penalty notice | On or near Lambton Gates |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Co-Operation Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Co-Operation Street |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near Co-Operation Street |