£204,013
This estimated value is based upon the latest sale price for the house of £145,000 on 15 Oct 2015. 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 Marl Pits
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| Price Paid | Date |
|---|---|
| £145,000 | 15 Oct 2015 |
| £125,950 | 18 Aug 2005 |
| £67,500 | 29 Jun 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 October 2015 the House Price Index for LANCASHIRE was 105.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 40.699%.Applying this 40.699% change to the original purchase price of £145,000 results in an estimated price of approximately £204,013.
| 15 Oct 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 148.6 | 40.699 % | £145,000 | £59,013 | £204,013 |
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 | 40.763 % | £59,106 | £204,106 |
| 3 Month Average | 42.817 % | £62,085 | £207,085 |
| 6 Month Average | 33.292 % | £48,272 | £193,272 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £386,948 | £382,000 | 282 NEWCHURCH ROAD |
| 21 Jul 2023 | £420,662 | £415,000 | 145 NEWCHURCH ROAD |
| 30 Jun 2023 | £465,640 | £460,000 | 99 NEWCHURCH ROAD |
| 1 Jul 2022 | £320,864 | £320,000 | 280 NEWCHURCH ROAD |
| 30 Jun 2022 | £304,300 | £300,000 | 290 NEWCHURCH ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 28 Aug 2015. Using an estimated price of £204,013 means this house is valued at £3,290 per sq meter (£305 per sq foot).
The average size of a house on MARL PITS is 116 sq meters (1,255 sq feet).
This house is the smallest in the street with a floor area of 62 sq meters (667 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Marl Pits |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Marl Pits |
| Apr 2024 | Anti-social behaviour | On or near Heritage Drive | |
| Mar 2024 | Anti-social behaviour | On or near Heritage Drive | |
| Mar 2024 | Anti-social behaviour | On or near Heritage Drive |