£48,387
This estimated value is based upon the latest sale price for the house of £35,000 on 25 Jan 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£35,000 | 25 Jan 2016 |
Terraced |
Leasehold |
Floor Area: 90 sq meters or 968 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 January 2016 the House Price Index for LANCASHIRE was 108.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 38.251%.Applying this 38.251% change to the original purchase price of £35,000 results in an estimated price of approximately £48,387.
25 Jan 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
108.3 | 149.7 | 38.251 % | £35,000 | £13,387 | £48,387 |
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 | 58.358 % | £20,425 | £55,425 |
3 Month Average | 25.824 % | £9,038 | £44,038 |
6 Month Average | 31.781 % | £11,123 | £46,123 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Dec 2023 | £386,888 | £375,000 | 10 HEYS CLOSE |
30 Oct 2023 | £271,159 | £265,000 | 28 PEEL STREET |
21 Apr 2023 | £591,055 | £580,000 | PEEL EDGE DOBBIN LANE |
10 Mar 2023 | £160,683 | £158,000 | 6 UPPER ASH MOUNT |
26 Jan 2023 | £170,455 | £170,000 | 1 VICTORIA STREET |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 10 Jun 2015. Using an estimated price of £48,388 means this house is valued at £537 per sq meter (£49 per sq foot).
The average size of a house on BACUP ROAD is 103 sq meters (1,114 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Peel Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Peel Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Peel Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Peel Street |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Peel Street |