£50,594
This estimated value is based upon the latest sale price for the house of £39,950 on 4 Dec 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£39,950 | 4 Dec 2017 |
Terraced |
Leasehold |
Floor Area: 60 sq meters or 645 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 2017 the House Price Index for LANCASHIRE was 118.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.645%.Applying this 26.645% change to the original purchase price of £39,950 results in an estimated price of approximately £50,594.
4 Dec 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.2 | 149.7 | 26.645 % | £39,950 | £10,644 | £50,594 |
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 | 3.356 % | £1,340 | £41,290 |
3 Month Average | 21.167 % | £8,456 | £48,406 |
6 Month Average | 24.882 % | £9,940 | £49,890 |
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 60 sq meters or 645 sq feet when measured on 2 Sep 2017. Using an estimated price of £50,595 means this house is valued at £843 per sq meter (£78 per sq foot).
The average size of a house on BACUP ROAD is 103 sq meters (1,114 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near North Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Victoria Street |
May 2024 | Possession of weapons | Unable to prosecute suspect | On or near Victoria 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 |