£124,093
This estimated value is based upon the latest sale price for the house of £72,000 on 29 Nov 2011. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £72,000 | 29 Nov 2011 |
| £31,950 | 5 Aug 2002 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 637 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 November 2011 the House Price Index for LANCASHIRE was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.352%.Applying this 72.352% change to the original purchase price of £72,000 results in an estimated price of approximately £124,093.
| 29 Nov 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.352 % | £72,000 | £52,093 | £124,093 |
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 | 62.026 % | £44,658 | £116,658 |
| 3 Month Average | 59.112 % | £42,560 | £114,560 |
| 6 Month Average | 46.757 % | £33,664 | £105,664 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £142,493 | £140,000 | 6 PROSPECT STREET |
| 20 Sep 2023 | £209,681 | £207,000 | 179 BURNLEY ROAD EAST |
| 14 Jul 2023 | £157,115 | £155,000 | 183 BURNLEY ROAD EAST |
| 7 Jul 2023 | £85,146 | £84,000 | 18 PROSPECT STREET |
| 3 Jul 2023 | £90,214 | £89,000 | 7 WEST VIEW |
This house has a floor area of 59 sq meters or 637 sq feet when measured on 4 Nov 2010. Using an estimated price of £124,094 means this house is valued at £2,095 per sq meter (£194 per sq foot).
There is one other house on the street which we know the size of, this is 9 GRESHAM STREET it is 90.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Law Street |
| Apr 2024 | Burglary | Under investigation | On or near Clough Street |
| Mar 2024 | Anti-social behaviour | On or near Clough Street | |
| Mar 2024 | Anti-social behaviour | On or near Clough Street | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Clough Street |