£133,125
This estimated value is based upon the latest sale price for the house of £108,500 on 20 Sep 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £108,500 | 20 Sep 2019 |
| £89,950 | 6 Oct 2006 |
| £46,500 | 4 Oct 2002 |
| £40,500 | 6 Sep 2001 |
| Terraced |
| Freehold |
| 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 September 2019 the House Price Index for LANCASHIRE was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £108,500 results in an estimated price of approximately £133,125.
| 20 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £108,500 | £24,625 | £133,125 |
The Postcode Pricing Model uses changes in average sales price within the BB18 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 | 24.030 % | £26,073 | £134,573 |
| 3 Month Average | 30.302 % | £32,877 | £141,377 |
| 6 Month Average | 27.380 % | £29,707 | £138,207 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £92,685 | £91,500 | 4 GARDEN STREET |
| 21 Aug 2023 | £166,456 | £165,000 | 19 KING STREET |
| 4 Aug 2023 | £97,553 | £96,700 | 7 MARKET STREET |
| 28 Jul 2023 | £268,615 | £265,000 | 17 KING STREET |
| 28 Apr 2023 | £113,219 | £112,000 | 7 - 9 NEWTOWN |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 5 Feb 2019. Using an estimated price of £133,126 means this house is valued at £1,875 per sq meter (£174 per sq foot).
The average size of a house on CHAPEL STREET is 67 sq meters (724 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Philip Street | |
| Mar 2024 | Anti-social behaviour | On or near Philip Street | |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Market Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Market Street |