£60,508
This estimated value is based upon the latest sale price for the house of £49,000 on 14 Sep 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £49,000 | 14 Sep 2018 |
| £53,000 | 10 Feb 2010 |
| £42,000 | 9 Jun 2006 |
| Terraced |
| Leasehold |
| Floor Area: 43 sq meters or 470 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 September 2018 the House Price Index for LANCASHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £49,000 results in an estimated price of approximately £60,508.
| 14 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £49,000 | £11,508 | £60,508 |
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 | 13.465 % | £6,598 | £55,598 |
| 3 Month Average | 28.999 % | £14,209 | £63,209 |
| 6 Month Average | 26.776 % | £13,120 | £62,120 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £59,176 | £58,300 | 454 BACUP ROAD |
| 1 Nov 2023 | £106,578 | £105,000 | 12 HOLT MILL ROAD |
| 28 Aug 2023 | £88,777 | £88,000 | 444 BACUP ROAD |
| 14 Aug 2023 | £181,589 | £180,000 | 29 TOP BARN LANE |
| 27 Jul 2023 | £134,409 | £132,600 | 5 FERN LEA STREET |
This house has a floor area of 43 sq meters or 470 sq feet when measured on 9 Oct 2008. Using an estimated price of £60,508 means this house is valued at £1,384 per sq meter (£128 per sq foot).
The average size of a house on BACUP ROAD is 103 sq meters (1,114 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lench Road |
| Mar 2024 | Anti-social behaviour | On or near Holt Mill Road | |
| Feb 2024 | Vehicle crime | Unable to prosecute suspect | On or near Holt Mill Road |