£7,237
This estimated value is based upon the latest sale price for the house of £5,965 on 20 Mar 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£5,965 | 20 Mar 2020 |
£225,000 | 31 May 2019 |
£199,995 | 6 Dec 2013 |
Freehold |
Floor Area: 102 sq meters or 1,097 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 March 2020 the House Price Index for LANCASHIRE was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £5,965 results in an estimated price of approximately £7,237.
20 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.4 | 149.7 | 21.335 % | £5,965 | £1,272 | £7,237 |
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 | -22.438 % | £-1,338 | £4,626 |
3 Month Average | 17.249 % | £1,028 | £6,993 |
6 Month Average | 15.146 % | £903 | £6,868 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £290,235 | £285,000 | 10 COTTON WAY |
27 Apr 2023 | £125,344 | £123,000 | 413 HOLCOMBE ROAD |
25 Nov 2022 | £308,557 | £310,000 | 2 COTTON WAY |
29 Sep 2022 | £319,786 | £320,000 | 29 COTTON WAY |
1 Jun 2022 | £245,242 | £240,000 | 9 COTTON WAY |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 22 Nov 2013. Using an estimated price of £7,238 means this house is valued at £70 per sq meter (£6 per sq foot).
The average size of a house on COTTON WAY is 107 sq meters (1,158 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Other crime | Investigation complete; no suspect identified | On or near Cotton Way |
May 2024 | Violence and sexual offences | Local resolution | On or near Yarn Avenue |
May 2024 | Violence and sexual offences | Local resolution | On or near Yarn Avenue |
Jun 2024 | Anti-social behaviour | On or near Bridge End Close | |
Jun 2024 | Anti-social behaviour | On or near Bridge End Close |