£306,289
This estimated value is based upon the latest sale price for the house of £310,000 on 25 Nov 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £310,000 | 25 Nov 2022 |
| £189,995 | 19 Dec 2014 |
| Terraced |
| Leasehold |
| Floor Area: 108 sq meters or 1,162 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 November 2022 the House Price Index for LANCASHIRE was 150.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.197%.Applying this -1.197% change to the original purchase price of £310,000 results in an estimated price of approximately £306,289.
| 25 Nov 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 148.6 | -1.197 % | £310,000 | £-3,710 | £306,289 |
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 | -25.856 % | £-80,154 | £229,845 |
| 3 Month Average | -26.629 % | £-82,549 | £227,450 |
| 6 Month Average | -16.769 % | £-51,984 | £258,015 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Apr 2023 | £124,339 | £123,000 | 413 HOLCOMBE ROAD |
| 25 Nov 2022 | £306,290 | £310,000 | 2 COTTON WAY |
| 29 Sep 2022 | £317,437 | £320,000 | 29 COTTON WAY |
| 1 Jun 2022 | £243,440 | £240,000 | 9 COTTON WAY |
| 22 Apr 2022 | £316,663 | £307,500 | 32 COTTON WAY |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 11 Dec 2014. Using an estimated price of £306,290 means this house is valued at £2,836 per sq meter (£263 per sq foot).
The average size of a house on COTTON WAY is 107 sq meters (1,158 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Yarn Avenue | |
| Mar 2024 | Anti-social behaviour | On or near Yarn Avenue | |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yarn Avenue |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Yarn Avenue |
| Feb 2024 | Public order | Local resolution | On or near Kingston Crescent |