£89,645
This estimated value is based upon the latest sale price for the house of £56,500 on 20 Jun 2007. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £56,500 | 20 Jun 2007 |
| £32,000 | 7 May 2005 |
| £28,000 | 17 Dec 2003 |
| £6,750 | 20 Jan 1997 |
| Terraced |
| Leasehold |
| Floor Area: 71 sq meters or 764 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 2007 the House Price Index for LANCASHIRE was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £56,500 results in an estimated price of approximately £89,645.
| 20 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 148.6 | 58.665 % | £56,500 | £33,145 | £89,645 |
The Postcode Pricing Model uses changes in average sales price within the BB5 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 | 32.221 % | £18,204 | £74,704 |
| 3 Month Average | 26.243 % | £14,827 | £71,327 |
| 6 Month Average | 27.406 % | £15,484 | £71,984 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £40,518 | £40,000 | 8 HOPE STREET |
| 30 Aug 2023 | £75,662 | £75,000 | 63 RICHMOND HILL STREET |
| 21 Jun 2023 | £56,181 | £55,500 | 85 RICHMOND HILL STREET |
| 31 Mar 2023 | £102,970 | £102,000 | 91 RICHMOND HILL STREET |
| 13 Jul 2022 | £126,791 | £126,450 | 75 RICHMOND HILL STREET |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 12 Nov 2013. Using an estimated price of £89,645 means this house is valued at £1,262 per sq meter (£117 per sq foot).
The average size of a house on MAJOR STREET is 88 sq meters (949 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rose Street |
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Rose Street |
| Feb 2024 | Anti-social behaviour | On or near Major Street | |
| Feb 2024 | Anti-social behaviour | On or near Major Street |