£394,399
This estimated value is based upon the latest sale price for the house of £230,000 on 20 Jul 2012. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £230,000 | 20 Jul 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 July 2012 the House Price Index for LANCASHIRE was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £230,000 results in an estimated price of approximately £394,399.
| 20 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.478 % | £230,000 | £164,399 | £394,399 |
The Postcode Pricing Model uses changes in average sales price within the BB7 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 | 24.825 % | £57,097 | £287,097 |
| 3 Month Average | 62.097 % | £142,823 | £372,823 |
| 6 Month Average | 51.977 % | £119,546 | £349,546 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Jul 2024 | £390,000 | £390,000 | 25 CHATBURN PARK DRIVE |
| 7 Dec 2023 | £328,081 | £318,000 | 103 CHATBURN ROAD |
| 10 Nov 2023 | £292,423 | £285,000 | 21 WARWICK DRIVE |
| 27 Feb 2023 | £302,017 | £300,000 | 5 CHATBURN AVENUE |
| 10 Feb 2023 | £329,702 | £327,500 | 21 CHATBURN PARK DRIVE |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 14 May 2012. Using an estimated price of £394,399 means this house is valued at £2,987 per sq meter (£277 per sq foot).
The average size of a house on CHATBURN ROAD is 140 sq meters (1,509 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Somerset Avenue | |
| May 2024 | Anti-social behaviour | On or near Somerset Avenue | |
| May 2024 | Anti-social behaviour | On or near Somerset Avenue | |
| Apr 2024 | Violence and sexual offences | Offender given a caution | On or near Somerset Avenue |
| Jul 2024 | Other theft | Under investigation | On or near Tower Hill |