£481,931
This estimated value is based upon the latest sale price for the house of £309,420 on 9 May 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£309,420 | 9 May 2014 |
Detached |
Freehold |
Floor Area: 115 sq meters or 1,237 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 May 2014 the House Price Index for LANCASHIRE was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £309,420 results in an estimated price of approximately £481,931.
9 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 149.7 | 55.753 % | £309,420 | £172,511 | £481,931 |
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 | -7.104 % | £-21,982 | £287,437 |
3 Month Average | 47.123 % | £145,809 | £455,229 |
6 Month Average | 45.329 % | £140,256 | £449,676 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £294,035 | £285,000 | 8 CHAPEL CLOSE |
14 Nov 2023 | £184,688 | £180,000 | 9 NELSON STREET |
31 Oct 2023 | £2,763 | £2,700 | 1 MEADOWLANDS |
21 Aug 2023 | £336,061 | £330,000 | 10 MEADOWLANDS |
18 Aug 2023 | £191,962 | £188,500 | 31 NELSON STREET |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 25 Apr 2014. Using an estimated price of £481,932 means this house is valued at £4,190 per sq meter (£389 per sq foot).
The average size of a house on CHAPEL CLOSE is 131 sq meters (1,414 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Chapel Close |
Jun 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Chapel Close |
May 2024 | Violence and sexual offences | Under investigation | On or near Chapel Close |
Jun 2024 | Anti-social behaviour | On or near Meadowlands | |
Jun 2024 | Anti-social behaviour | On or near Meadowlands |