£129,874
This estimated value is based upon the latest sale price for the house of £105,000 on 7 Aug 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £105,000 | 7 Aug 2018 |
| £99,500 | 28 Mar 2006 |
| Terraced |
| Leasehold |
| Floor Area: 66 sq meters or 710 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 August 2018 the House Price Index for LANCASHIRE was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £105,000 results in an estimated price of approximately £129,874.
| 7 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £105,000 | £24,874 | £129,874 |
The Postcode Pricing Model uses changes in average sales price within the BB7 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 | 58.568 % | £61,495 | £166,495 |
| 3 Month Average | 35.884 % | £37,678 | £142,678 |
| 6 Month Average | 34.045 % | £35,747 | £140,747 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Nov 2023 | £182,705 | £180,000 | 9 NELSON STREET |
| 29 Aug 2023 | £171,450 | £169,950 | 34 UNION STREET |
| 21 Aug 2023 | £332,912 | £330,000 | 10 MEADOWLANDS |
| 18 Aug 2023 | £190,164 | £188,500 | 31 NELSON STREET |
| 31 Jul 2023 | £172,319 | £170,000 | 6 NELSON STREET |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 30 May 2018. Using an estimated price of £129,875 means this house is valued at £1,967 per sq meter (£182 per sq foot).
The average size of a house on UNION STREET is 91 sq meters (980 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Local resolution | On or near High Street |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near High Street |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near High Street |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Chapel Close |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Chapel Close |