£210,093
This estimated value is based upon the latest sale price for the house of £170,000 on 12 Dec 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £170,000 | 12 Dec 2019 |
| £134,000 | 17 Sep 2015 |
| £134,000 | 17 Sep 2015 |
| £142,500 | 30 Sep 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 659 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 December 2019 the House Price Index for LANCASHIRE was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £170,000 results in an estimated price of approximately £210,093.
| 12 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £170,000 | £40,093 | £210,093 |
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 | 6.678 % | £11,352 | £181,352 |
| 3 Month Average | 12.751 % | £21,676 | £191,676 |
| 6 Month Average | 18.223 % | £30,979 | £200,979 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £598,387 | £580,000 | 12 PENNY LODGE LANE |
| 17 Feb 2023 | £191,227 | £189,950 | 8 COMMERCIAL STREET |
| 25 Nov 2022 | £169,209 | £170,000 | 19 COMMERCIAL STREET |
| 24 Aug 2022 | £321,503 | £320,000 | 4 RIVERBANK MEWS |
| 5 Aug 2022 | £186,371 | £185,500 | 5 COMMERCIAL STREET |
This house has a floor area of 61 sq meters or 659 sq feet when measured on 3 Jun 2011. Using an estimated price of £210,094 means this house is valued at £3,427 per sq meter (£318 per sq foot).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Under investigation | On or near Penny Bank Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Penny Lodge Lane |
| Jul 2024 | Anti-social behaviour | On or near Park/Open Space | |
| Apr 2024 | Anti-social behaviour | On or near Swinshaw Close | |
| Apr 2024 | Anti-social behaviour | On or near Swinshaw Close |