£134,699
This estimated value is based upon the latest sale price for the house of £125,000 on 29 Sep 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £125,000 | 29 Sep 2021 |
| £110,000 | 2 Feb 2018 |
| Terraced |
| Leasehold |
| Floor Area: 78 sq meters or 839 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 September 2021 the House Price Index for LANCASHIRE was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £125,000 results in an estimated price of approximately £134,699.
| 29 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £125,000 | £9,699 | £134,699 |
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 | -9.839 % | £-12,298 | £112,701 |
| 3 Month Average | 11.575 % | £14,468 | £139,468 |
| 6 Month Average | 3.181 % | £3,975 | £128,975 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £112,668 | £111,000 | 10 IVY GROVE |
| 11 Sep 2023 | £133,710 | £132,000 | 4 ALEXANDRIA STREET |
| 7 Jun 2023 | £117,928 | £116,500 | 30 PROSPECT HILL |
| 5 Apr 2023 | £171,850 | £170,000 | 5 IVY GROVE |
| 17 Feb 2023 | £147,151 | £147,250 | 24 HOBSON STREET |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 3 May 2012. Using an estimated price of £134,699 means this house is valued at £1,726 per sq meter (£160 per sq foot).
The average size of a house on PROSPECT ROAD is 90 sq meters (969 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Under investigation | On or near Elm Street |
| Mar 2024 | Shoplifting | Under investigation | On or near Elm Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Street |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Elm Street |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Elm Street |