£426,269
This estimated value is based upon the latest sale price for the house of £359,000 on 16 Sep 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £359,000 | 16 Sep 2020 |
| £265,000 | 17 Jun 2016 |
| Semi-Detached |
| Leasehold |
| Floor Area: 151 sq meters or 1,625 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 September 2020 the House Price Index for LANCASHIRE was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £359,000 results in an estimated price of approximately £426,269.
| 16 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £359,000 | £67,269 | £426,269 |
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 | 26.891 % | £96,539 | £455,539 |
| 3 Month Average | 33.088 % | £118,785 | £477,785 |
| 6 Month Average | 27.279 % | £97,933 | £456,933 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £268,701 | £264,000 | 38 GRANGE ROAD |
| 22 Jun 2023 | £409,966 | £405,000 | 9 ALDERWOOD |
| 31 Mar 2023 | £464,375 | £460,000 | 7 ALDERWOOD |
| 16 Sep 2022 | £743,992 | £750,000 | SUNNY BANK HOUSE HURST LANE |
| 21 Jan 2022 | £393,074 | £373,500 | 3 NEW HOUSE COTTAGES SPRINGFIELD ROAD |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 3 Oct 2012. Using an estimated price of £426,270 means this house is valued at £2,822 per sq meter (£262 per sq foot).
The average size of a house on NEWCHURCH ROAD is 118 sq meters (1,274 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Greenbank Park |
| Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Greenbank Park |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Alder Street |
| Mar 2024 | Anti-social behaviour | On or near Nuttall Street | |
| Mar 2024 | Anti-social behaviour | On or near Nuttall Street |