£150,826
This estimated value is based upon the latest sale price for the house of £80,000 on 11 Feb 2005. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £80,000 | 11 Feb 2005 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,172 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 February 2005 the House Price Index for LANCASHIRE was 79.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 88.533%.Applying this 88.533% change to the original purchase price of £80,000 results in an estimated price of approximately £150,826.
| 11 Feb 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.4 | 149.7 | 88.533 % | £80,000 | £70,826 | £150,826 |
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 | 148.539 % | £118,831 | £198,831 |
| 3 Month Average | 60.269 % | £48,214 | £128,214 |
| 6 Month Average | 62.744 % | £50,195 | £130,195 |
| 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 |
| 16 Oct 2023 | £133,021 | £130,000 | 19 CRAVEN STREET |
| 16 Mar 2023 | £94,071 | £92,500 | 56 RAINHALL ROAD |
| 9 Mar 2023 | £89,444 | £87,950 | 15 HILL STREET |
This house has a floor area of 108 sq meters or 1,172 sq feet when measured on 22 Mar 2012. Using an estimated price of £150,826 means this house is valued at £1,384 per sq meter (£128 per sq foot).
The average size of a house on BANK STREET is 134 sq meters (1,452 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 |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near East Hills Street |
| Apr 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Wellhouse Street |