£225,122
This estimated value is based upon the latest sale price for the house of £184,000 on 14 Feb 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £184,000 | 14 Feb 2020 |
| £117,000 | 23 Aug 2013 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 February 2020 the House Price Index for LANCASHIRE was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £184,000 results in an estimated price of approximately £225,122.
| 14 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £184,000 | £41,122 | £225,122 |
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 | 48.771 % | £89,738 | £273,738 |
| 3 Month Average | 24.180 % | £44,490 | £228,490 |
| 6 Month Average | 15.818 % | £29,104 | £213,104 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £117,500 | £117,500 | 28 BRIDGE STREET |
| 5 Mar 2024 | £100,000 | £100,000 | 5 GREENBRIDGE SOUTH |
| 14 Dec 2023 | £508,904 | £500,000 | BANKSIDE LUMB HOLES LANE |
| 27 Nov 2023 | £711 | £700 | 29 COWPE ROAD |
| 24 Mar 2023 | £211,947 | £209,950 | 8 HARDMAN DRIVE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 3 Jun 2013. Using an estimated price of £225,122 means this house is valued at £2,529 per sq meter (£234 per sq foot).
There is one other house on the street which we know the size of, this is 2 BROOKLAND TERRACE it is 92.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lumb Holes Lane |
| Apr 2024 | Anti-social behaviour | On or near Cowpe Road | |
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near St John'S Street |
| Feb 2024 | Anti-social behaviour | On or near Parking Area |