£264,904
This estimated value is based upon the latest sale price for the house of £147,000 on 5 Dec 2005. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £147,000 | 5 Dec 2005 |
| £84,950 | 15 Aug 2003 |
| £37,000 | 2 Jul 2001 |
| Terraced |
| Leasehold |
| Floor Area: 132 sq meters or 1,420 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 2005 the House Price Index for LANCASHIRE was 82.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.207%.Applying this 80.207% change to the original purchase price of £147,000 results in an estimated price of approximately £264,904.
| 5 Dec 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 148.6 | 80.207 % | £147,000 | £117,904 | £264,904 |
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 | 68.689 % | £100,972 | £247,972 |
| 3 Month Average | 51.059 % | £75,057 | £222,057 |
| 6 Month Average | 49.691 % | £73,045 | £220,045 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £142,104 | £140,000 | 3 NUTTALL STREET |
| 24 Nov 2023 | £327,854 | £323,000 | 87 NEWCHURCH ROAD |
| 15 Sep 2023 | £172,202 | £170,000 | 53 NEWCHURCH ROAD |
| 7 Sep 2023 | £169,163 | £167,000 | 8 ALDER BANK |
| 6 Sep 2023 | £167,137 | £165,000 | 17 GRANGE TERRACE |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 25 Aug 2015. Using an estimated price of £264,904 means this house is valued at £2,006 per sq meter (£186 per sq foot).
The average size of a house on GRANGE AVENUE is 141 sq meters (1,519 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Grange Avenue |
| Mar 2024 | Drugs | Investigation complete; no suspect identified | On or near Grange Avenue |
| Jan 2024 | Anti-social behaviour | On or near Springfield Road | |
| Jan 2024 | Anti-social behaviour | On or near Springfield Road | |
| Jan 2024 | Anti-social behaviour | On or near Springfield Road |