£252,883
This estimated value is based upon the latest sale price for the house of £205,000 on 14 Dec 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
Get our free house price tracker.
| Price Paid | Date |
|---|---|
| £205,000 | 14 Dec 2018 |
| Detached |
| Freehold |
| Floor Area: 78 sq meters or 839 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 December 2018 the House Price Index for LANCASHIRE was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £205,000 results in an estimated price of approximately £252,883.
| 14 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £205,000 | £47,883 | £252,883 |
The Postcode Pricing Model uses changes in average sales price within the BB18 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 | 29.972 % | £61,441 | £266,441 |
| 3 Month Average | 41.327 % | £84,721 | £289,721 |
| 6 Month Average | 41.678 % | £85,440 | £290,440 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £187,396 | £185,000 | 15 GHYLL MEADOWS |
| 14 Jul 2023 | £225,029 | £222,000 | 4 COATES LANE |
| 16 Jun 2023 | £303,678 | £300,000 | 18 COATES FIELDS |
| 24 Mar 2023 | £257,425 | £255,000 | 1 GHYLL MEADOWS |
| 24 Feb 2023 | £299,798 | £300,000 | 20 VALLEY DRIVE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 6 Aug 2018. Using an estimated price of £252,884 means this house is valued at £3,242 per sq meter (£301 per sq foot).
The average size of a house on GREEN BANK is 85 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near B6252 |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near B6252 |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Green Bank |
| Apr 2024 | Burglary | Under investigation | On or near Lockfield Drive |
| Apr 2024 | Vehicle crime | Under investigation | On or near Lockfield Drive |