£110,750
This estimated value is based upon the latest sale price for the house of £90,000 on 2 Aug 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £90,000 | 2 Aug 2019 |
| £29,800 | 30 Jun 1995 |
| £18,000 | 20 Jan 1995 |
| Leasehold |
| Floor Area: 68 sq meters or 741 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 August 2019 the House Price Index for LANCASHIRE was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £90,000 results in an estimated price of approximately £110,750.
| 2 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £90,000 | £20,750 | £110,750 |
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 | 23.524 % | £21,171 | £111,171 |
| 3 Month Average | 24.545 % | £22,090 | £112,090 |
| 6 Month Average | 24.452 % | £22,006 | £112,006 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £381,678 | £375,000 | 10 HEYS CLOSE |
| 21 Apr 2023 | £586,313 | £580,000 | PEEL EDGE DOBBIN LANE |
| 10 Mar 2023 | £159,503 | £158,000 | 6 UPPER ASH MOUNT |
| 26 Jan 2023 | £169,203 | £170,000 | 1 VICTORIA STREET |
| 20 Jan 2023 | £160,245 | £161,000 | 290 BACUP ROAD |
This house has a floor area of 68 sq meters or 741 sq feet when measured on 13 Aug 2009. Using an estimated price of £110,751 means this house is valued at £1,607 per sq meter (£149 per sq foot).
The average size of a house on BACUP ROAD is 103 sq meters (1,114 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near North Road | |
| Jan 2024 | Anti-social behaviour | On or near North Road | |
| Jan 2024 | Anti-social behaviour | On or near North Road | |
| Jan 2024 | Anti-social behaviour | On or near North Road | |
| Jan 2024 | Anti-social behaviour | On or near North Road |