£175,745
This estimated value is based upon the latest sale price for the house of £132,000 on 5 Aug 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £132,000 | 5 Aug 2016 |
| £71,000 | 14 Feb 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 August 2016 the House Price Index for LANCASHIRE was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.141%.Applying this 33.141% change to the original purchase price of £132,000 results in an estimated price of approximately £175,745.
| 5 Aug 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 148.6 | 33.141 % | £132,000 | £43,745 | £175,745 |
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 | 69.814 % | £92,155 | £224,155 |
| 3 Month Average | 64.670 % | £85,364 | £217,364 |
| 6 Month Average | 47.510 % | £62,712 | £194,712 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £238,531 | £235,000 | 18 THE CRESCENT |
| 8 Sep 2023 | £182,331 | £180,000 | 15 THE CRESCENT |
| 7 Sep 2023 | £197,526 | £195,000 | 25 EDISFORD ROAD |
| 13 Jul 2023 | £172,319 | £170,000 | 28 SIDDOWS AVENUE |
| 21 Apr 2023 | £161,742 | £160,000 | 8 BEECH STREET |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 8 Apr 2016. Using an estimated price of £175,746 means this house is valued at £2,374 per sq meter (£220 per sq foot).
The average size of a house on THE CRESCENT is 85 sq meters (922 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near The Crescent |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Park Court |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Dean Meadow |