£392,462
This estimated value is based upon the latest sale price for the house of £320,000 on 5 Nov 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £320,000 | 5 Nov 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 November 2019 the House Price Index for LANCASHIRE was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £320,000 results in an estimated price of approximately £392,462.
| 5 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £320,000 | £72,462 | £392,462 |
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 | -5.830 % | £-18,655 | £301,344 |
| 3 Month Average | 19.032 % | £60,903 | £380,903 |
| 6 Month Average | 20.949 % | £67,036 | £387,036 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £381,678 | £375,000 | 10 HEYS CLOSE |
| 16 Nov 2023 | £59,176 | £58,300 | 454 BACUP ROAD |
| 1 Nov 2023 | £106,578 | £105,000 | 12 HOLT MILL ROAD |
| 28 Aug 2023 | £88,777 | £88,000 | 444 BACUP ROAD |
| 27 Jul 2023 | £134,409 | £132,600 | 5 FERN LEA STREET |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 7 Apr 2017. Using an estimated price of £392,463 means this house is valued at £3,504 per sq meter (£325 per sq foot).
There is one other house on the street which we know the size of, this is MANOR HOUSE LENCH FOLD CLOUGH it is 187.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lench Road |
| Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brookland Street |
| Feb 2024 | Anti-social behaviour | On or near Weber Street |