£228,681
This estimated value is based upon the latest sale price for the house of £80,000 on 7 Jun 2002. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £80,000 | 7 Jun 2002 |
| Semi-Detached |
| Leasehold |
| Floor Area: 339 sq meters or 3,648 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 2002 the House Price Index for LANCASHIRE was 52.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 185.852%.Applying this 185.852% change to the original purchase price of £80,000 results in an estimated price of approximately £228,681.
| 7 Jun 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 52.0 | 148.6 | 185.852 % | £80,000 | £148,681 | £228,681 |
The Postcode Pricing Model uses changes in average sales price within the BB10 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 | 184.396 % | £147,516 | £227,516 |
| 3 Month Average | 203.765 % | £163,012 | £243,012 |
| 6 Month Average | 240.746 % | £192,596 | £272,596 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2023 | £49,966 | £50,000 | 1 IVAN STREET |
| 15 Sep 2022 | £99,199 | £100,000 | 412 COLNE ROAD |
| 23 Nov 2021 | £96,255 | £89,000 | 410 COLNE ROAD |
| 21 Oct 2021 | £851,988 | £770,000 | 422 COLNE ROAD |
| 14 Oct 2021 | £88,518 | £80,000 | 418 COLNE ROAD |
This house has a floor area of 339 sq meters or 3,648 sq feet when measured on 17 Jan 2014. Using an estimated price of £228,681 means this house is valued at £674 per sq meter (£62 per sq foot).
The average size of a house on COLNE ROAD is 138 sq meters (1,492 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Shuttleworth Street |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ivan Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Soudan Street |