£121,279
This estimated value is based upon the latest sale price for the house of £79,500 on 29 Aug 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £79,500 | 29 Aug 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 61 sq meters or 656 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 2014 the House Price Index for LANCASHIRE was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £79,500 results in an estimated price of approximately £121,279.
| 29 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £79,500 | £41,779 | £121,279 |
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 | 50.100 % | £39,829 | £119,329 |
| 3 Month Average | 37.198 % | £29,572 | £109,072 |
| 6 Month Average | 37.758 % | £30,017 | £109,517 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Apr 2023 | £183,431 | £180,000 | 70 SKIPTON ROAD |
| 10 Mar 2023 | £66,104 | £65,000 | 21 POWELL STREET |
| 30 Jan 2023 | £160,379 | £159,950 | 14 LOWER WEST AVENUE |
| 6 Jan 2023 | £62,667 | £62,500 | 3 POWELL STREET |
| 9 Sep 2022 | £123,917 | £124,000 | 26 NORTH PARADE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 9 May 2014. Using an estimated price of £121,279 means this house is valued at £1,988 per sq meter (£184 per sq foot).
The average size of a house on CORNMILL TERRACE is 97 sq meters (1,051 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Powell Street | |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cornmill Place |