£310,242
This estimated value is based upon the latest sale price for the house of £314,000 on 18 Nov 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £314,000 | 18 Nov 2022 |
| £180,000 | 3 Aug 2018 |
| Detached |
| Freehold |
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 November 2022 the House Price Index for LANCASHIRE was 150.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.197%.Applying this -1.197% change to the original purchase price of £314,000 results in an estimated price of approximately £310,242.
| 18 Nov 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 148.6 | -1.197 % | £314,000 | £-3,757 | £310,242 |
The Postcode Pricing Model uses changes in average sales price within the BB12 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 | -38.510 % | £-120,922 | £193,077 |
| 3 Month Average | -33.640 % | £-105,630 | £208,369 |
| 6 Month Average | -24.476 % | £-76,855 | £237,144 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £81,202 | £80,000 | 168 BURNLEY ROAD |
| 28 Apr 2023 | £192,068 | £190,000 | 52 RIVER DRIVE |
| 18 Nov 2022 | £310,242 | £314,000 | 3 BANKCROFT CLOSE |
| 18 Nov 2022 | £106,905 | £108,200 | 192 BURNLEY ROAD |
| 20 May 2022 | £76,440 | £75,000 | 184 BURNLEY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Under investigation | On or near Kenilworth Close |
| Feb 2024 | Violence and sexual offences | Offender given a caution | On or near South Drive |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Valley Drive |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Raleigh Street |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Raleigh Street |