£2,405,250
This estimated value is based upon the latest sale price for the house of £392,500 on 10 Jun 2024. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £392,500 | 10 Jun 2024 |
| £245,000 | 30 Nov 2012 |
| £272,500 | 12 Jan 2007 |
| £157,000 | 2 May 2002 |
| £110,000 | 7 Apr 1995 |
| Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,630 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 June 2024 the House Price Index for LANCASHIRE was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £392,500 results in an estimated price of approximately £2,405,250.
| 10 Jun 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 149.7 | 512.803 % | £392,500 | £2,012,750 | £2,405,250 |
The Postcode Pricing Model uses changes in average sales price within the BB18 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 | 87.438 % | £343,193 | £735,693 |
| 3 Month Average | 5.720 % | £22,449 | £414,949 |
| 6 Month Average | 2.475 % | £9,714 | £402,214 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Apr 2024 | £267,321 | £265,000 | 49 COLNE ROAD |
| 29 Mar 2023 | £297,976 | £293,000 | 2 COLNE ROAD |
| 14 Jan 2022 | £217,341 | £205,000 | 7 ELM CLOSE |
| 24 Sep 2021 | £303,905 | £279,950 | 23 CHESTNUT DRIVE |
| 9 Jun 2021 | £127,002 | £117,500 | 28 GILLIANS LANE |
This house has a floor area of 151 sq meters or 1,630 sq feet when measured on 1 Sep 2011.
The average size of a house on BANCROFT FOLD is 169 sq meters (1,826 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Elm Close |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Elm Close |
| Apr 2024 | Anti-social behaviour | On or near Elm Close | |
| Apr 2024 | Anti-social behaviour | On or near Elm Close | |
| Apr 2024 | Anti-social behaviour | On or near Elm Close |