£262,148
This estimated value is based upon the latest sale price for the house of £147,000 on 25 Sep 2009. 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 |
|---|---|
| £147,000 | 25 Sep 2009 |
| £15,080 | 5 Apr 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,201 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 September 2009 the House Price Index for LANCASHIRE was 83.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 78.332%.Applying this 78.332% change to the original purchase price of £147,000 results in an estimated price of approximately £262,148.
| 25 Sep 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.3 | 148.6 | 78.332 % | £147,000 | £115,148 | £262,148 |
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 | 29.120 % | £42,806 | £189,806 |
| 3 Month Average | 44.781 % | £65,828 | £212,828 |
| 6 Month Average | 50.819 % | £74,704 | £221,704 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £254,452 | £250,000 | 24 DOBBIN CLOSE |
| 15 Mar 2023 | £227,140 | £225,000 | 4 LEA BANK |
| 28 Feb 2023 | £349,765 | £350,000 | 566 NEWCHURCH ROAD |
| 25 Jan 2023 | £119,437 | £120,000 | 10 HAREHOLME LANE |
| 25 Oct 2022 | £252,284 | £255,000 | 8 DOBBIN CLOSE |
This house has a floor area of 111 sq meters or 1,201 sq feet when measured on 13 Oct 2008. Using an estimated price of £262,148 means this house is valued at £2,348 per sq meter (£218 per sq foot).
The average size of a house on LEA BANK is 94 sq meters (1,012 sq feet).
This house is the largest in the street with a floor area of 111 sq meters (1,201 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 |