£86,931
This estimated value is based upon the latest sale price for the house of £58,500 on 23 Jan 2015. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£58,500 | 23 Jan 2015 |
£52,000 | 18 Oct 2013 |
£24,950 | 14 Feb 2002 |
Terraced |
Leasehold |
Floor Area: 69 sq meters or 742 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 January 2015 the House Price Index for LANCASHIRE was 100.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 48.600%.Applying this 48.600% change to the original purchase price of £58,500 results in an estimated price of approximately £86,931.
23 Jan 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.0 | 148.6 | 48.600 % | £58,500 | £28,431 | £86,931 |
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 | 55.485 % | £32,458 | £90,958 |
3 Month Average | 38.504 % | £22,524 | £81,024 |
6 Month Average | 27.139 % | £15,876 | £74,376 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Jul 2023 | £111,501 | £110,000 | 11 EAST STREET |
26 Aug 2022 | £165,056 | £165,500 | 6 THORN STREET |
26 Aug 2022 | £274,262 | £275,000 | 273 BURNLEY ROAD |
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 69 sq meters or 742 sq feet when measured on 5 Oct 2012. Using an estimated price of £86,931 means this house is valued at £1,259 per sq meter (£117 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 | Drugs | Under investigation | On or near Fairview |
Feb 2024 | Public order | Investigation complete; no suspect identified | 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 |