£261,903
This estimated value is based upon the latest sale price for the house of £215,000 on 8 Jul 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£215,000 | 8 Jul 2020 |
£165,000 | 23 Jul 2004 |
£99,995 | 27 Aug 2002 |
Detached |
Freehold |
Floor Area: 88 sq meters or 948 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 2020 the House Price Index for LANCASHIRE was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £215,000 results in an estimated price of approximately £261,903.
8 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.9 | 149.7 | 21.815 % | £215,000 | £46,903 | £261,903 |
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 | 50.252 % | £108,042 | £323,042 |
3 Month Average | 27.468 % | £59,055 | £274,055 |
6 Month Average | 20.114 % | £43,244 | £258,244 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £233,681 | £226,500 | 40 HORNCLIFFE CLOSE |
16 Nov 2023 | £153,907 | £150,000 | 324 BURY ROAD |
6 Oct 2023 | £250,694 | £245,000 | 48 HORNCLIFFE CLOSE |
21 Sep 2023 | £342,551 | £335,000 | 338 BURY ROAD |
5 Jan 2023 | £418,619 | £417,500 | 6 LOWER CLOWES |
This house has a floor area of 88 sq meters or 948 sq feet when measured on 17 May 2011. Using an estimated price of £261,903 means this house is valued at £2,973 per sq meter (£276 per sq foot).
The average size of a house on HORNCLIFFE CLOSE is 105 sq meters (1,139 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Bury Road |
Jun 2024 | Anti-social behaviour | On or near Bury Road | |
Jun 2024 | Anti-social behaviour | On or near Bury Road | |
Jun 2024 | Anti-social behaviour | On or near Bury Road | |
Jun 2024 | Anti-social behaviour | On or near Bury Road |