£123,833
This estimated value is based upon the latest sale price for the house of £111,000 on 26 Aug 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£111,000 | 26 Aug 2021 |
Terraced |
Freehold |
Floor Area: 104 sq meters or 1,119 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 2021 the House Price Index for LANCASHIRE was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £111,000 results in an estimated price of approximately £123,833.
26 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
133.2 | 148.6 | 11.562 % | £111,000 | £12,833 | £123,833 |
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 | 33.834 % | £37,555 | £148,555 |
3 Month Average | 14.908 % | £16,548 | £127,548 |
6 Month Average | 13.940 % | £15,473 | £126,473 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Jul 2023 | £111,501 | £110,000 | 11 EAST STREET |
26 Aug 2022 | £274,262 | £275,000 | 273 BURNLEY ROAD |
26 Aug 2022 | £165,056 | £165,500 | 6 THORN STREET |
24 Aug 2022 | £139,624 | £140,000 | 12 WOODCROFT STREET |
19 Aug 2022 | £224,396 | £225,000 | 301 BURNLEY ROAD |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 17 Dec 2014. Using an estimated price of £123,833 means this house is valued at £1,190 per sq meter (£110 per sq foot).
The average size of a house on BURNLEY ROAD is 106 sq meters (1,146 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Fairview |
Feb 2024 | Drugs | Under investigation | On or near Fairview |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Holmes Terrace |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Holmes Terrace |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holmes Terrace |