£76,875
This estimated value is based upon the latest sale price for the house of £60,000 on 14 Jun 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £60,000 | 14 Jun 2017 |
| £60,000 | 21 Dec 2009 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 June 2017 the House Price Index for LANCASHIRE was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £60,000 results in an estimated price of approximately £76,875.
| 14 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £60,000 | £16,875 | £76,875 |
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 | 3.763 % | £2,257 | £62,257 |
| 3 Month Average | 22.770 % | £13,662 | £73,662 |
| 6 Month Average | 17.740 % | £10,643 | £70,643 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £23,346 | £23,000 | 33 BURNLEY ROAD EAST |
| 6 Apr 2023 | £101,088 | £100,000 | 94 BURNLEY ROAD EAST |
| 3 Feb 2023 | £54,963 | £55,000 | 22 BURNLEY ROAD EAST |
| 15 Jul 2022 | £401,080 | £400,000 | 4 SPRINGFIELD DRIVE |
| 11 May 2022 | £264,993 | £260,000 | 5 SPRINGFIELD DRIVE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 3 Jun 2016. Using an estimated price of £76,875 means this house is valued at £711 per sq meter (£66 per sq foot).
The average size of a house on BURNLEY ROAD is 106 sq meters (1,146 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Theatre/Concert Hall |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Theatre/Concert Hall |
| Feb 2024 | Drugs | Local resolution | On or near Theatre/Concert Hall |
| Feb 2024 | Drugs | Local resolution | On or near Theatre/Concert Hall |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Theatre/Concert Hall |