£76,053
This estimated value is based upon the latest sale price for the house of £75,950 on 24 Jun 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £75,950 | 24 Jun 2022 |
| £70,000 | 10 Nov 2016 |
| £85,000 | 1 Oct 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 June 2022 the House Price Index for LANCASHIRE was 146.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 0.137%.Applying this 0.137% change to the original purchase price of £75,950 results in an estimated price of approximately £76,053.
| 24 Jun 2022 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 146.7 | 0.137 % | £75,950 | £103 | £76,053 |
The Postcode Pricing Model uses changes in average sales price within the BB8 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 | -56.862 % | £-43,186 | £32,763 |
| 3 Month Average | -12.906 % | £-9,802 | £66,147 |
| 6 Month Average | -5.370 % | £-4,078 | £71,871 |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 4 Oct 2018.
The average size of a house on COLNE LANE is 93 sq meters (1,004 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Colne Lane |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Chapel Fold |
| Mar 2024 | Anti-social behaviour | On or near Chapel Fold | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chapel Fold |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Chapel Fold |