£83,135
This estimated value is based upon the latest sale price for the house of £52,500 on 21 Feb 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £52,500 | 21 Feb 2014 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 February 2014 the House Price Index for LANCASHIRE was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £52,500 results in an estimated price of approximately £83,135.
| 21 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £52,500 | £30,635 | £83,135 |
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 | 67.954 % | £35,676 | £88,176 |
| 3 Month Average | 60.163 % | £31,585 | £84,085 |
| 6 Month Average | 42.279 % | £22,196 | £74,696 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £203,005 | £200,000 | 626 NEWCHURCH ROAD |
| 14 Aug 2023 | £181,589 | £180,000 | 29 TOP BARN LANE |
| 20 Jan 2023 | £149,297 | £150,000 | 24 CORONATION GROVE |
| 6 May 2022 | £168,169 | £165,000 | 25 RECTORY CLOSE |
| 1 Apr 2022 | £352,706 | £342,500 | 543 NEWCHURCH ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 13 Feb 2014. Using an estimated price of £83,135 means this house is valued at £1,123 per sq meter (£104 per sq foot).
The average size of a house on RECTORY CLOSE is 93 sq meters (1,008 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rectory Close |
| Mar 2024 | Anti-social behaviour | On or near Rectory Close | |
| Mar 2024 | Public order | Local resolution | On or near Rectory Close |
| Mar 2024 | Anti-social behaviour | On or near Rectory Close | |
| Jan 2024 | Anti-social behaviour | On or near Rectory Close |