£365,783
This estimated value is based upon the latest sale price for the house of £302,500 on 31 Jul 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £302,500 | 31 Jul 2020 |
| £150,000 | 20 Feb 2015 |
| £162,000 | 8 Mar 2011 |
| £170,000 | 27 Apr 2010 |
| Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 July 2020 the House Price Index for LANCASHIRE was 122.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.920%.Applying this 20.920% change to the original purchase price of £302,500 results in an estimated price of approximately £365,783.
| 31 Jul 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.6 | 20.920 % | £302,500 | £63,283 | £365,783 |
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 | 102.073 % | £308,770 | £611,270 |
| 3 Month Average | 35.674 % | £107,913 | £410,413 |
| 6 Month Average | 18.801 % | £56,874 | £359,374 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £230,534 | £226,500 | 40 HORNCLIFFE CLOSE |
| 21 Sep 2023 | £339,339 | £335,000 | 338 BURY ROAD |
| 5 Jan 2023 | £415,543 | £417,500 | 6 LOWER CLOWES |
| 23 Sep 2022 | £228,158 | £230,000 | 392A BURY ROAD |
| 31 May 2022 | £196,706 | £193,000 | 453 BURY ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 29 Jun 2013. Using an estimated price of £365,784 means this house is valued at £4,943 per sq meter (£459 per sq foot).
The average size of a house on HORNCLIFFE CLOSE is 105 sq meters (1,139 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Bury Road |
| Apr 2024 | Other theft | Under investigation | On or near Bury Road |
| Mar 2024 | Anti-social behaviour | On or near Bury Road | |
| Mar 2024 | Other theft | Under investigation | On or near Bury Road |
| Mar 2024 | Anti-social behaviour | On or near Bury Road |