£991,528
This estimated value is based upon the latest sale price for the house of £163,000 on 18 Oct 2023. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £163,000 | 18 Oct 2023 |
| £92,000 | 30 Jun 2014 |
| £120,000 | 26 Sep 2006 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 891 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 October 2023 the House Price Index for LANCASHIRE was 24.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 508.300%.Applying this 508.300% change to the original purchase price of £163,000 results in an estimated price of approximately £991,528.
| 18 Oct 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 148.6 | 508.300 % | £163,000 | £828,528 | £991,528 |
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 | -3.771 % | £-6,147 | £156,852 |
| 3 Month Average | 0.714 % | £1,164 | £164,164 |
| 6 Month Average | -2.691 % | £-4,386 | £158,613 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £131,774 | £130,000 | 46 TURNPIKE |
| 3 Jul 2023 | £139,376 | £137,500 | 8 LAW STREET |
| 29 Jun 2023 | £232,820 | £230,000 | 19 BROOKLANDS |
| 6 Apr 2023 | £101,088 | £100,000 | 94 BURNLEY ROAD EAST |
| 10 Mar 2023 | £111,046 | £110,000 | 166 BURNLEY ROAD EAST |
This house has a floor area of 82 sq meters or 891 sq feet when measured on 3 May 2011.
There is one other house on the street which we know the size of, this is 1 ROSE MOUNT it is 82.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Drugs | Offender given penalty notice | On or near Thistlemount Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Law Street |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Chapel Street |
| Jan 2024 | Anti-social behaviour | On or near New Road | |
| Jan 2024 | Anti-social behaviour | On or near New Road |