£231,296
This estimated value is based upon the latest sale price for the house of £187,500 on 19 Dec 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £187,500 | 19 Dec 2018 |
| £63,000 | 13 Dec 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 December 2018 the House Price Index for LANCASHIRE was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £187,500 results in an estimated price of approximately £231,296.
| 19 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £187,500 | £43,796 | £231,296 |
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 | -14.962 % | £-28,054 | £159,445 |
| 3 Month Average | 10.348 % | £19,402 | £206,902 |
| 6 Month Average | 19.995 % | £37,491 | £224,991 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £142,104 | £140,000 | 3 NUTTALL STREET |
| 7 Sep 2023 | £169,163 | £167,000 | 8 ALDER BANK |
| 6 Sep 2023 | £167,137 | £165,000 | 17 GRANGE TERRACE |
| 1 Sep 2023 | £278,562 | £275,000 | 14 HIGHER MILL STREET |
| 22 Jun 2023 | £409,966 | £405,000 | 9 ALDERWOOD |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 22 Jun 2018. Using an estimated price of £231,296 means this house is valued at £2,487 per sq meter (£231 per sq foot).
There is one other house on the street which we know the size of, this is 1 ALDER AVENUE it is 92.2
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Alder Avenue | |
| Feb 2024 | Anti-social behaviour | On or near Alder Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Alder Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Alder Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Alder Avenue |