£182,948
This estimated value is based upon the latest sale price for the house of £148,000 on 24 May 2019. 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 Red Hind Close
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| Price Paid | Date |
|---|---|
| £148,000 | 24 May 2019 |
| £80,000 | 4 Jun 2018 |
| Terraced |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 May 2019 the House Price Index for LANCASHIRE was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £148,000 results in an estimated price of approximately £182,948.
| 24 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £148,000 | £34,948 | £182,948 |
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 | 53.034 % | £78,489 | £226,489 |
| 3 Month Average | 41.797 % | £61,859 | £209,859 |
| 6 Month Average | 24.532 % | £36,307 | £184,307 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £203,005 | £200,000 | 626 NEWCHURCH ROAD |
| 3 Nov 2023 | £96,428 | £95,000 | 65 STAGHILLS ROAD |
| 15 Mar 2023 | £227,140 | £225,000 | 4 LEA BANK |
| 28 Feb 2023 | £349,765 | £350,000 | 566 NEWCHURCH ROAD |
| 1 Apr 2022 | £352,706 | £342,500 | 543 NEWCHURCH ROAD |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 15 Jan 2018. Using an estimated price of £182,948 means this house is valued at £1,577 per sq meter (£146 per sq foot).
The average size of a house on NEWCHURCH ROAD is 118 sq meters (1,274 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Red Hind Close |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Red Hind Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Red Hind Close |
| Dec 2023 | Anti-social behaviour | On or near Red Hind Close | |
| Dec 2023 | Anti-social behaviour | On or near Red Hind Close |