£59,586
This estimated value is based upon the latest sale price for the house of £48,000 on 16 Nov 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £48,000 | 16 Nov 2018 |
| £2,000 | 8 Feb 2017 |
| £77,000 | 7 Jul 2006 |
| Freehold |
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 November 2018 the House Price Index for LANCASHIRE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £48,000 results in an estimated price of approximately £59,586.
| 16 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £48,000 | £11,586 | £59,586 |
The Postcode Pricing Model uses changes in average sales price within the BB18 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 | 118.725 % | £56,988 | £104,988 |
| 3 Month Average | 49.732 % | £23,871 | £71,871 |
| 6 Month Average | 30.163 % | £14,478 | £62,478 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jun 2024 | £200,000 | £200,000 | 12 GREEN WALK |
| 27 Mar 2024 | £125,935 | £124,000 | 97 COLNE ROAD |
| 9 Nov 2023 | £171,863 | £167,500 | 129 COLNE ROAD |
| 6 Apr 2023 | £137,573 | £135,000 | 135 COLNE ROAD |
| 31 Mar 2023 | £86,952 | £85,500 | 12 CROSS STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Possession of weapons | Unable to prosecute suspect | On or near Linden Road |
| Jul 2024 | Violence and sexual offences | Awaiting court outcome | On or near Cross Street |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Cross Street |
| Jul 2024 | Other theft | Under investigation | On or near Cross Street |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Cross Street |