£281,403
This estimated value is based upon the latest sale price for the house of £179,500 on 31 Mar 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£179,500 | 31 Mar 2014 |
Detached |
Freehold |
Floor Area: 111 sq meters or 1,196 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 March 2014 the House Price Index for LANCASHIRE was 94.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 56.771%.Applying this 56.771% change to the original purchase price of £179,500 results in an estimated price of approximately £281,403.
31 Mar 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 148.0 | 56.771 % | £179,500 | £101,903 | £281,403 |
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 | 47.541 % | £85,335 | £264,835 |
3 Month Average | 53.409 % | £95,868 | £275,368 |
6 Month Average | 39.250 % | £70,453 | £249,953 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £230,868 | £226,500 | 40 HORNCLIFFE CLOSE |
16 Nov 2023 | £151,951 | £150,000 | 324 BURY ROAD |
5 Jan 2023 | £413,865 | £417,500 | 6 LOWER CLOWES |
23 Sep 2022 | £227,236 | £230,000 | 392A BURY ROAD |
31 May 2022 | £195,912 | £193,000 | 453 BURY ROAD |
This house has a floor area of 111 sq meters or 1,196 sq feet when measured on 2 Feb 2012. Using an estimated price of £281,403 means this house is valued at £2,532 per sq meter (£235 per sq foot).
The average size of a house on HORNCLIFFE CLOSE is 105 sq meters (1,139 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Bury Road |
Apr 2024 | Drugs | Under investigation | On or near Bury Road |
Mar 2024 | Other theft | Under investigation | On or near Bury Road |
Mar 2024 | Anti-social behaviour | On or near Bury Road | |
Mar 2024 | Anti-social behaviour | On or near Bury Road |