£240,399
This estimated value is based upon the latest sale price for the house of £140,000 on 23 Feb 2011. 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 Albert Road
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| Price Paid | Date |
|---|---|
| £140,000 | 23 Feb 2011 |
| £39,500 | 31 Mar 1999 |
| £37,000 | 11 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 122 sq meters or 1,318 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 February 2011 the House Price Index for LANCASHIRE was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.714%.Applying this 71.714% change to the original purchase price of £140,000 results in an estimated price of approximately £240,399.
| 23 Feb 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.6 | 71.714 % | £140,000 | £100,399 | £240,399 |
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 | 60.755 % | £85,057 | £225,057 |
| 3 Month Average | 67.474 % | £94,463 | £234,463 |
| 6 Month Average | 50.356 % | £70,498 | £210,498 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £150,224 | £148,000 | 14 ADELAIDE STREET |
| 6 Sep 2023 | £172,202 | £170,000 | 692 BURNLEY ROAD |
| 2 Jun 2023 | £232,820 | £230,000 | 5 ADELAIDE STREET |
| 26 Apr 2023 | £179,432 | £177,500 | 733 BURNLEY ROAD |
| 3 Apr 2023 | £106,143 | £105,000 | 2 SUNNYBANK |
This house has a floor area of 122 sq meters or 1,318 sq feet when measured on 25 May 2010. Using an estimated price of £240,400 means this house is valued at £1,962 per sq meter (£182 per sq foot).
The average size of a house on BURNLEY ROAD is 106 sq meters (1,146 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Under investigation | On or near Albert Road |
| Jan 2024 | Anti-social behaviour | On or near Burnley Road | |
| Jan 2024 | Anti-social behaviour | On or near Burnley Road | |
| Jan 2024 | Anti-social behaviour | On or near Burnley Road | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Water Street |