£292,708
This estimated value is based upon the latest sale price for the house of £170,000 on 8 Mar 2012. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £170,000 | 8 Mar 2012 |
| Detached |
| Freehold |
| Floor Area: 92 sq meters or 994 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 March 2012 the House Price Index for LANCASHIRE was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £170,000 results in an estimated price of approximately £292,708.
| 8 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 149.7 | 72.182 % | £170,000 | £122,708 | £292,708 |
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 | 10.235 % | £17,400 | £187,400 |
| 3 Month Average | 29.911 % | £50,848 | £220,848 |
| 6 Month Average | 39.319 % | £66,841 | £236,841 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £348,352 | £343,000 | 4 CRAWSHAW DRIVE |
| 13 Dec 2023 | £438,473 | £425,000 | 5 HALL CLOSE |
| 6 Sep 2023 | £414,129 | £405,000 | REEDS FARM COTTAGE REEDS LANE |
| 13 May 2022 | £369,630 | £360,000 | 6 STABLES CLOSE |
| 25 Mar 2022 | £325,707 | £312,000 | 4 RUSHBED DRIVE |
This house has a floor area of 92 sq meters or 994 sq feet when measured on 12 Feb 2012. Using an estimated price of £292,709 means this house is valued at £3,168 per sq meter (£294 per sq foot).
The average size of a house on RUSHBED DRIVE is 125 sq meters (1,351 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other crime | Unable to prosecute suspect | On or near Stables Close |
| Jul 2024 | Anti-social behaviour | On or near Reeds Close | |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Crawshaw Grange |
| Jul 2024 | Anti-social behaviour | On or near Forest Bank Road | |
| Jul 2024 | Anti-social behaviour | On or near Forest Bank Road |