£63,831
This estimated value is based upon the latest sale price for the house of £37,500 on 30 Jul 2012. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There has been one burglary within the last year on or near Edward Drive
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| Price Paid | Date |
|---|---|
| £37,500 | 30 Jul 2012 |
| Terraced |
| Leasehold |
| Floor Area: 79 sq meters or 851 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 July 2012 the House Price Index for LANCASHIRE was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.218%.Applying this 70.218% change to the original purchase price of £37,500 results in an estimated price of approximately £63,831.
| 30 Jul 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.218 % | £37,500 | £26,331 | £63,831 |
The Postcode Pricing Model uses changes in average sales price within the BB7 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 | 60.491 % | £22,684 | £60,184 |
| 3 Month Average | 63.290 % | £23,733 | £61,233 |
| 6 Month Average | 42.653 % | £15,994 | £53,494 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £356,233 | £350,000 | BEECHMOUNT GEORGE STREET |
| 17 Nov 2023 | £144,641 | £142,500 | 13 GEORGE STREET |
| 27 Feb 2023 | £209,859 | £210,000 | 2 KEMPLE VIEW |
| 3 Feb 2023 | £216,854 | £217,000 | 22 EDWARD DRIVE |
| 10 Jun 2022 | £218,082 | £215,000 | 18 EDWARD DRIVE |
This house has a floor area of 79 sq meters or 851 sq feet when measured on 12 Oct 2011. Using an estimated price of £63,832 means this house is valued at £806 per sq meter (£74 per sq foot).
The average size of a house on GEORGE STREET is 103 sq meters (1,115 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Edward Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Edward Drive |
| Jan 2024 | Vehicle crime | Under investigation | On or near Edward Drive |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Edward Drive |
| Feb 2024 | Anti-social behaviour | On or near Anne Close |