£49,534
This estimated value is based upon the latest sale price for the house of £21,000 on 2 Jun 2003. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £21,000 | 2 Jun 2003 |
| £28,000 | 23 May 1997 |
| Terraced |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 June 2003 the House Price Index for LANCASHIRE was 63.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 135.879%.Applying this 135.879% change to the original purchase price of £21,000 results in an estimated price of approximately £49,534.
| 2 Jun 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 63.0 | 148.6 | 135.879 % | £21,000 | £28,534 | £49,534 |
The Postcode Pricing Model uses changes in average sales price within the BB3 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 | 138.485 % | £29,081 | £50,081 |
| 3 Month Average | 131.431 % | £27,600 | £48,600 |
| 6 Month Average | 149.549 % | £31,405 | £52,405 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £105,563 | £104,000 | 5 BANK STREET |
| 24 Nov 2023 | £116,728 | £115,000 | 9 BANK STREET |
| 17 Nov 2023 | £59,582 | £58,700 | 8 JOSEPH STREET |
| 13 Nov 2023 | £56,842 | £56,000 | 14 ENTWISTLE STREET |
| 10 Feb 2023 | £84,943 | £85,000 | 17 BANK STREET |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 21 Mar 2017. Using an estimated price of £49,535 means this house is valued at £660 per sq meter (£61 per sq foot).
The average size of a house on NANCY STREET is 83 sq meters (903 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Joseph Street |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Higher Church Street |