£354,279
This estimated value is based upon the latest sale price for the house of £272,500 on 10 Feb 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£272,500 | 10 Feb 2017 |
£108,000 | 27 Apr 2001 |
Detached |
Freehold |
Floor Area: 125 sq meters or 1,345 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 February 2017 the House Price Index for LANCASHIRE was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £272,500 results in an estimated price of approximately £354,279.
10 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 148.6 | 30.011 % | £272,500 | £81,779 | £354,279 |
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 | -24.085 % | £-65,630 | £206,869 |
3 Month Average | 22.343 % | £60,885 | £333,385 |
6 Month Average | 22.990 % | £62,648 | £335,148 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £268,701 | £264,000 | 38 GRANGE ROAD |
29 Sep 2023 | £91,166 | £90,000 | 177 BACUP ROAD |
30 Jun 2023 | £296,087 | £292,500 | 94 BACUP ROAD |
22 Jun 2023 | £409,966 | £405,000 | 9 ALDERWOOD |
31 Mar 2023 | £464,375 | £460,000 | 7 ALDERWOOD |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 15 Sep 2016. Using an estimated price of £354,280 means this house is valued at £2,834 per sq meter (£263 per sq foot).
The average size of a house on GREENBANK PARK is 152 sq meters (1,644 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Greenbank Park |
Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Greenbank Park |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Grange Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Alder Street |
Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Plantation Street |