£59,612
This estimated value is based upon the latest sale price for the house of £35,000 on 19 Feb 2010. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £35,000 | 19 Feb 2010 |
| £9,000 | 26 Jan 2004 |
| £8,500 | 21 Nov 2003 |
| Terraced |
| Leasehold |
| Floor Area: 113 sq meters or 1,216 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 2010 the House Price Index for LANCASHIRE was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.322%.Applying this 70.322% change to the original purchase price of £35,000 results in an estimated price of approximately £59,612.
| 19 Feb 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.322 % | £35,000 | £24,612 | £59,612 |
The Postcode Pricing Model uses changes in average sales price within the BB5 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 | 63.277 % | £22,146 | £57,146 |
| 3 Month Average | 42.159 % | £14,755 | £49,755 |
| 6 Month Average | 34.528 % | £12,084 | £47,084 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £40,518 | £40,000 | 8 HOPE STREET |
| 30 Aug 2023 | £75,662 | £75,000 | 63 RICHMOND HILL STREET |
| 21 Jun 2023 | £56,181 | £55,500 | 85 RICHMOND HILL STREET |
| 31 Mar 2023 | £102,970 | £102,000 | 91 RICHMOND HILL STREET |
| 13 Jul 2022 | £126,791 | £126,450 | 75 RICHMOND HILL STREET |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 25 Apr 2016. Using an estimated price of £59,613 means this house is valued at £527 per sq meter (£49 per sq foot).
The average size of a house on MAJOR STREET is 88 sq meters (949 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rose Street |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Rose Street |
| Feb 2024 | Anti-social behaviour | On or near Major Street | |
| Feb 2024 | Anti-social behaviour | On or near Major Street |