£228,681
This estimated value is based upon the latest sale price for the house of £80,000 on 21 Jun 2002. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £80,000 | 21 Jun 2002 |
| £42,000 | 20 Nov 1997 |
| Terraced |
| 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 June 2002 the House Price Index for LANCASHIRE was 52.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 185.852%.Applying this 185.852% change to the original purchase price of £80,000 results in an estimated price of approximately £228,681.
| 21 Jun 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 52.0 | 148.6 | 185.852 % | £80,000 | £148,681 | £228,681 |
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 | 249.964 % | £199,971 | £279,971 |
| 3 Month Average | 221.040 % | £176,832 | £256,832 |
| 6 Month Average | 207.578 % | £166,062 | £246,062 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £211,126 | £208,000 | INGLEBOROUGH STOPPER LANE |
| 5 Jun 2023 | £1,250,143 | £1,235,000 | HALSTEADS FARM RIMINGTON LANE |
| 24 Nov 2022 | £741,024 | £750,000 | ROSE LAITHE RIMINGTON LANE |
| 11 Aug 2022 | £585,424 | £587,000 | 8 STATION ROAD |
| 29 Jun 2022 | £91,290 | £90,000 | 1 GISBURN COTES HALL GISBURN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Rimington Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rakes Lane |
| Mar 2024 | Anti-social behaviour | On or near Skeleron Lane | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Skeleron Lane |
| Jan 2024 | Anti-social behaviour | On or near Twiston Lane |