£790,640
This estimated value is based upon the latest sale price for the house of £495,000 on 13 Jan 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £495,000 | 13 Jan 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,207 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 January 2014 the House Price Index for LANCASHIRE was 93.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.725%.Applying this 59.725% change to the original purchase price of £495,000 results in an estimated price of approximately £790,640.
| 13 Jan 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.0 | 148.6 | 59.725 % | £495,000 | £295,640 | £790,640 |
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 | 45.379 % | £224,626 | £719,626 |
| 3 Month Average | 45.721 % | £226,320 | £721,320 |
| 6 Month Average | 43.861 % | £217,112 | £712,112 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £254,452 | £250,000 | 24 DOBBIN CLOSE |
| 21 Apr 2023 | £586,313 | £580,000 | PEEL EDGE DOBBIN LANE |
| 25 Oct 2022 | £252,284 | £255,000 | 8 DOBBIN CLOSE |
| 8 Jul 2022 | £626,687 | £625,000 | 538 NEWCHURCH ROAD |
| 19 May 2022 | £348,568 | £342,000 | 7 JOHNNY BARN COTTAGES JOHNNY BARN CLOSE |
This house has a floor area of 112 sq meters or 1,207 sq feet when measured on 22 Apr 2010. Using an estimated price of £790,640 means this house is valued at £7,046 per sq meter (£654 per sq foot).
The average size of a house on SPRINGHILL is 129 sq meters (1,389 sq feet).
This house is the largest in the street with a floor area of 112 sq meters (1,207 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Conway Road |
| Feb 2024 | Anti-social behaviour | On or near Patrick Crescent | |
| Feb 2024 | Anti-social behaviour | On or near Patrick Crescent | |
| Feb 2024 | Anti-social behaviour | On or near Patrick Crescent | |
| Feb 2024 | Anti-social behaviour | On or near Patrick Crescent |