£221,710
This estimated value is based upon the latest sale price for the house of £205,000 on 30 Nov 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £205,000 | 30 Nov 2021 |
| £110,000 | 6 Nov 2017 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 November 2021 the House Price Index for LANCASHIRE was 137.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 8.151%.Applying this 8.151% change to the original purchase price of £205,000 results in an estimated price of approximately £221,710.
| 30 Nov 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.6 | 8.151 % | £205,000 | £16,710 | £221,710 |
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 | -18.854 % | £-38,651 | £166,348 |
| 3 Month Average | -3.018 % | £-6,186 | £198,813 |
| 6 Month Average | -0.852 % | £-1,745 | £203,254 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £193,384 | £190,000 | 776 BURNLEY ROAD |
| 3 Nov 2023 | £194,885 | £192,000 | 12 SPRING STREET |
| 25 Aug 2023 | £151,324 | £150,000 | 807 BURNLEY ROAD |
| 14 Jul 2023 | £240,740 | £237,500 | 8 COMPSTON AVENUE |
| 15 Jun 2023 | £230,745 | £227,950 | 3 COMPSTON AVENUE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 31 Oct 2017. Using an estimated price of £221,710 means this house is valued at £2,491 per sq meter (£231 per sq foot).
The average size of a house on LABURNUM COTTAGES is 145 sq meters (1,566 sq feet).
This house is the smallest in the street with a floor area of 89 sq meters (957 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Street |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Church Street |
| Apr 2024 | Anti-social behaviour | On or near Hawthorne Meadows | |
| Mar 2024 | Anti-social behaviour | On or near Hawthorne Meadows | |
| Mar 2024 | Anti-social behaviour | On or near Hawthorne Meadows |