£106,550
This estimated value is based upon the latest sale price for the house of £63,500 on 7 Jun 2013. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £63,500 | 7 Jun 2013 |
| £36,500 | 21 Mar 2003 |
| Terraced |
| Freehold |
| Floor Area: 60 sq meters or 645 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 June 2013 the House Price Index for LANCASHIRE was 89.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 67.796%.Applying this 67.796% change to the original purchase price of £63,500 results in an estimated price of approximately £106,550.
| 7 Jun 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.2 | 149.7 | 67.796 % | £63,500 | £43,050 | £106,550 |
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 | 118.205 % | £75,060 | £138,560 |
| 3 Month Average | 40.799 % | £25,907 | £89,407 |
| 6 Month Average | 39.452 % | £25,051 | £88,551 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 May 2024 | £93,500 | £93,500 | 14 BANK STREET |
| 19 Mar 2024 | £95,467 | £94,000 | 16 STUART STREET |
| 23 Nov 2023 | £225,730 | £220,000 | 36 WELLHOUSE SQUARE |
| 20 Oct 2023 | £107,440 | £105,000 | 32 VALLEY ROAD |
| 16 Oct 2023 | £133,021 | £130,000 | 19 CRAVEN STREET |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 26 Jul 2012. Using an estimated price of £106,551 means this house is valued at £1,775 per sq meter (£164 per sq foot).
The average size of a house on CRAVEN STREET is 79 sq meters (859 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Bank Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bank Street |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near East Avenue |
| May 2024 | Anti-social behaviour | On or near East Parade | |
| May 2024 | Anti-social behaviour | On or near East Parade |