£311,403
This estimated value is based upon the latest sale price for the house of £225,000 on 18 Dec 2015. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There has been one burglary within the last year on or near Marl Pits
More crime details
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| Price Paid | Date |
|---|---|
| £225,000 | 18 Dec 2015 |
| Semi-Detached |
| Leasehold |
| Floor Area: 116 sq meters or 1,248 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 2015 the House Price Index for LANCASHIRE was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £225,000 results in an estimated price of approximately £311,403.
| 18 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £225,000 | £86,403 | £311,403 |
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 | 49.348 % | £111,033 | £336,033 |
| 3 Month Average | 35.158 % | £79,106 | £304,106 |
| 6 Month Average | 31.432 % | £70,722 | £295,722 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £268,701 | £264,000 | 38 GRANGE ROAD |
| 10 Jun 2022 | £196,781 | £194,000 | 12 GREENBANK STREET |
| 14 Apr 2022 | £128,725 | £125,000 | 24 GREENBANK STREET |
| 6 Dec 2021 | £246,417 | £230,000 | 1 GARDENERS COTTAGE GREENBANK PARK |
| 12 Nov 2021 | £508,312 | £470,000 | 11 GREENBANK PARK |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 2 Apr 2015. Using an estimated price of £311,403 means this house is valued at £2,684 per sq meter (£249 per sq foot).
The average size of a house on NEWCHURCH ROAD is 118 sq meters (1,274 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Marl Pits |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Marl Pits |
| Apr 2024 | Vehicle crime | Under investigation | On or near Greenbank Park |
| Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Greenbank Park |
| Apr 2024 | Anti-social behaviour | On or near Heritage Drive |