£86,529
This estimated value is based upon the latest sale price for the house of £70,000 on 3 May 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £70,000 | 3 May 2019 |
| £24,000 | 21 Jun 1999 |
| Terraced |
| Leasehold |
| Floor Area: 120 sq meters or 1,291 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 May 2019 the House Price Index for LANCASHIRE was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.614%.Applying this 23.614% change to the original purchase price of £70,000 results in an estimated price of approximately £86,529.
| 3 May 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.614 % | £70,000 | £16,529 | £86,529 |
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 | 90.654 % | £63,458 | £133,458 |
| 3 Month Average | 45.940 % | £32,157 | £102,157 |
| 6 Month Average | 20.747 % | £14,522 | £84,522 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £131,954 | £130,000 | 2 PETER STREET |
| 27 Jun 2023 | £216,624 | £214,000 | 7 PARRAMATTA STREET |
| 10 Jan 2023 | £159,250 | £160,000 | 3 BACUP ROAD |
| 8 Apr 2022 | £103 | £100 | MOAT HOUSE GRANGE CRESCENT |
| 8 Apr 2022 | £231,705 | £225,000 | 5 RABY STREET |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 9 Dec 2014. Using an estimated price of £86,530 means this house is valued at £721 per sq meter (£66 per sq foot).
The average size of a house on BACUP ROAD is 103 sq meters (1,114 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near James Street |
| Apr 2024 | Anti-social behaviour | On or near James Street | |
| Apr 2024 | Anti-social behaviour | On or near James Street | |
| Mar 2024 | Anti-social behaviour | On or near James Street | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near James Street |