£58,598
This estimated value is based upon the latest sale price for the house of £41,000 on 7 Aug 2015. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £41,000 | 7 Aug 2015 |
| £79,950 | 14 Nov 2007 |
| £58,000 | 6 May 2005 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 2015 the House Price Index for LANCASHIRE was 104.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 42.923%.Applying this 42.923% change to the original purchase price of £41,000 results in an estimated price of approximately £58,598.
| 7 Aug 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.0 | 148.6 | 42.923 % | £41,000 | £17,598 | £58,598 |
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 | 7.396 % | £3,032 | £44,032 |
| 3 Month Average | 39.664 % | £16,262 | £57,262 |
| 6 Month Average | 41.988 % | £17,214 | £58,214 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £142,493 | £140,000 | 6 PROSPECT STREET |
| 20 Sep 2023 | £209,681 | £207,000 | 179 BURNLEY ROAD EAST |
| 14 Jul 2023 | £157,115 | £155,000 | 183 BURNLEY ROAD EAST |
| 7 Jul 2023 | £85,146 | £84,000 | 18 PROSPECT STREET |
| 3 Jul 2023 | £139,376 | £137,500 | 8 LAW STREET |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 13 Apr 2015. Using an estimated price of £58,598 means this house is valued at £993 per sq meter (£92 per sq foot).
The average size of a house on PROSPECT STREET is 78 sq meters (843 sq feet).
This house is the smallest in the street with a floor area of 59 sq meters (635 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Wales Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wales Road |
| Dec 2023 | Public order | Local resolution | On or near Wales Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Law Street |
| Mar 2024 | Anti-social behaviour | On or near Clough Street |