£63,764
This estimated value is based upon the latest sale price for the house of £55,000 on 11 Nov 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There has been one burglary within the last year on or near Victoria Parade
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| Price Paid | Date |
|---|---|
| £55,000 | 11 Nov 2020 |
| £20,000 | 15 Feb 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 93 sq meters or 1,001 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 November 2020 the House Price Index for LANCASHIRE was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £55,000 results in an estimated price of approximately £63,764.
| 11 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £55,000 | £8,764 | £63,764 |
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 | 13.469 % | £7,408 | £62,408 |
| 3 Month Average | 10.935 % | £6,014 | £61,014 |
| 6 Month Average | 13.910 % | £7,650 | £62,650 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £142,442 | £139,950 | 678 BACUP ROAD |
| 17 Nov 2023 | £23,346 | £23,000 | 33 BURNLEY ROAD EAST |
| 23 Mar 2023 | £32,304 | £32,000 | 18 BURNLEY ROAD EAST |
| 23 Feb 2023 | £999 | £1,000 | 9 BURNLEY ROAD EAST |
| 1 Feb 2023 | £57,961 | £58,000 | 3A KING STREET |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 6 Aug 2018. Using an estimated price of £63,764 means this house is valued at £685 per sq meter (£63 per sq foot).
The average size of a house on BURNLEY ROAD EAST is 100 sq meters (1,084 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Victoria Parade |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Victoria Parade |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Victoria Parade |
| Feb 2024 | Anti-social behaviour | On or near Baltic Road | |
| Feb 2024 | Anti-social behaviour | On or near Baltic Road |