£69,740
This estimated value is based upon the latest sale price for the house of £65,000 on 18 Jun 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £65,000 | 18 Jun 2021 |
| £34,995 | 2 Sep 2002 |
| Terraced |
| Leasehold |
| Floor Area: 84 sq meters or 904 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 June 2021 the House Price Index for LANCASHIRE was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £65,000 results in an estimated price of approximately £69,740.
| 18 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £65,000 | £4,740 | £69,740 |
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 | -50.477 % | £-32,810 | £32,189 |
| 3 Month Average | -33.119 % | £-21,527 | £43,472 |
| 6 Month Average | -21.464 % | £-13,951 | £51,048 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £71,247 | £70,000 | 31 BIRCHFIELD MEWS |
| 1 Dec 2023 | £81,170 | £79,750 | 220 GANNOW LANE |
| 20 Jun 2023 | £70,858 | £70,000 | 23 BIRCHFIELD MEWS |
| 11 Nov 2022 | £266,769 | £270,000 | 4 MADEN FOLD BANK |
| 5 Aug 2022 | £114,691 | £115,000 | 22 ALEXANDER GROVE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 16 Nov 2013. Using an estimated price of £69,740 means this house is valued at £830 per sq meter (£77 per sq foot).
The average size of a house on GANNOW LANE is 75 sq meters (807 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Gannow Lane | |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Gannow Lane |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Gannow Lane |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Gannow Lane |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Gannow Lane |