£221,978
This estimated value is based upon the latest sale price for the house of £170,000 on 29 Mar 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £170,000 | 29 Mar 2017 |
| £37,500 | 9 Feb 2001 |
| Semi-Detached |
| Leasehold |
| Floor Area: 89 sq meters or 957 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 March 2017 the House Price Index for LANCASHIRE was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £170,000 results in an estimated price of approximately £221,978.
| 29 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £170,000 | £51,978 | £221,978 |
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 | -4.585 % | £-7,795 | £162,204 |
| 3 Month Average | 8.778 % | £14,922 | £184,922 |
| 6 Month Average | 19.529 % | £33,199 | £203,199 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £82,536 | £80,000 | 5 WHEATHOLME STREET |
| 29 Sep 2023 | £390,611 | £382,000 | 282 NEWCHURCH ROAD |
| 30 Jun 2023 | £469,407 | £460,000 | 99 NEWCHURCH ROAD |
| 1 Jul 2022 | £323,239 | £320,000 | 280 NEWCHURCH ROAD |
| 30 Jun 2022 | £306,553 | £300,000 | 290 NEWCHURCH ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 11 Jan 2017. Using an estimated price of £221,978 means this house is valued at £2,494 per sq meter (£231 per sq foot).
The average size of a house on MARL PITS is 116 sq meters (1,255 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Heritage Drive | |
| Jul 2024 | Public order | Under investigation | On or near Heritage Drive |
| Jun 2024 | Anti-social behaviour | On or near Heritage Drive | |
| Jun 2024 | Anti-social behaviour | On or near Heritage Drive | |
| Jun 2024 | Anti-social behaviour | On or near Heritage Drive |