£41,097
This estimated value is based upon the latest sale price for the house of £38,000 on 19 Nov 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £38,000 | 19 Nov 2021 |
| £87,000 | 20 Jul 2017 |
| £61,250 | 8 Jul 2011 |
| Terraced |
| Leasehold |
| Floor Area: 94 sq meters or 1,011 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 2021 the House Price Index for LANCASHIRE was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £38,000 results in an estimated price of approximately £41,097.
| 19 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £38,000 | £3,097 | £41,097 |
The Postcode Pricing Model uses changes in average sales price within the BB9 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 | -20.315 % | £-7,719 | £30,280 |
| 3 Month Average | -25.259 % | £-9,598 | £28,401 |
| 6 Month Average | -3.554 % | £-1,350 | £36,649 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £39,586 | £39,000 | 71 ST MARYS STREET |
| 8 Sep 2023 | £27,350 | £27,000 | 5 LIME STREET |
| 13 Apr 2023 | £87,442 | £86,500 | 26 ST MARYS STREET |
| 3 Mar 2023 | £277,615 | £275,000 | SCHOOL HOUSE LOMESHAYE ROAD |
| 5 Aug 2022 | £59,839 | £60,000 | 7 LIME STREET |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 13 Jan 2014. Using an estimated price of £41,098 means this house is valued at £437 per sq meter (£40 per sq foot).
The average size of a house on WESTMORELAND STREET is 97 sq meters (1,053 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near School Street |
| Mar 2024 | Anti-social behaviour | On or near School Street | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near School Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Mary'S Street |
| Mar 2024 | Anti-social behaviour | On or near Westmoreland Street |