£73,652
This estimated value is based upon the latest sale price for the house of £23,000 on 9 Nov 2001. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £23,000 | 9 Nov 2001 |
| Terraced |
| Leasehold |
| Floor Area: 90 sq meters or 968 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 November 2001 the House Price Index for LANCASHIRE was 46.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 220.228%.Applying this 220.228% change to the original purchase price of £23,000 results in an estimated price of approximately £73,652.
| 9 Nov 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 148.6 | 220.228 % | £23,000 | £50,652 | £73,652 |
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 | 193.117 % | £44,416 | £67,416 |
| 3 Month Average | 217.951 % | £50,128 | £73,128 |
| 6 Month Average | 224.597 % | £51,657 | £74,657 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £131,954 | £130,000 | 2 PETER STREET |
| 10 Nov 2023 | £167,480 | £165,000 | APARTMENT 114 ILEX MILL BACUP ROAD |
| 31 Jul 2023 | £243,274 | £240,000 | APARTMENT 505 ILEX MILL BACUP ROAD |
| 2 Feb 2023 | £179,879 | £180,000 | APARTMENT 119 ILEX MILL BACUP ROAD |
| 25 Nov 2022 | £148,155 | £149,950 | APARTMENT 206 ILEX MILL BACUP ROAD |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 11 Mar 2015. Using an estimated price of £73,653 means this house is valued at £818 per sq meter (£76 per sq foot).
The average size of a house on CAPE STREET is 138 sq meters (1,489 sq feet).
This house is the smallest in the street with a floor area of 90 sq meters (968 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Markross Street |