£259,730
This estimated value is based upon the latest sale price for the house of £57,500 on 26 Feb 1999. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £57,500 | 26 Feb 1999 |
| Detached |
| Freehold |
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 1999 the House Price Index for LANCASHIRE was 32.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 351.705%.Applying this 351.705% change to the original purchase price of £57,500 results in an estimated price of approximately £259,730.
| 26 Feb 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.9 | 148.6 | 351.705 % | £57,500 | £202,230 | £259,730 |
The Postcode Pricing Model uses changes in average sales price within the BB7 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 | 323.087 % | £185,775 | £243,275 |
| 3 Month Average | 306.836 % | £176,430 | £233,930 |
| 6 Month Average | 279.483 % | £160,702 | £218,202 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £186,633 | £185,000 | PIMLICO COTTAGE GISBURN ROAD |
| 16 Jan 2023 | £248,828 | £250,000 | THE OLD READING ROOM LYNDALE TERRACE |
| 27 Jun 2022 | £233,297 | £230,000 | SNOWHILL STUDIO MAIN STREET |
| 24 Jun 2022 | £314,444 | £310,000 | 6 BENTLEA ROAD |
| 23 May 2022 | £291,492 | £286,000 | 2 SMITHY COTTAGES MILL LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Mill Lane |
| Feb 2024 | Anti-social behaviour | On or near Mill Lane | |
| Feb 2024 | Anti-social behaviour | On or near Mill Lane | |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Mill Lane |
| Mar 2024 | Anti-social behaviour | On or near Mill Lane |