£159,312
This estimated value is based upon the latest sale price for the house of £128,000 on 28 Jun 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £128,000 | 28 Jun 2019 |
| £110,000 | 9 Jun 2017 |
| £69,000 | 8 Jan 2016 |
| £107,500 | 30 Aug 2007 |
| Terraced |
| Leasehold |
| Floor Area: 87 sq meters or 936 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 2019 the House Price Index for LANCASHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £128,000 results in an estimated price of approximately £159,312.
| 28 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.463 % | £128,000 | £31,312 | £159,312 |
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 | 27.630 % | £35,366 | £163,366 |
| 3 Month Average | 36.087 % | £46,191 | £174,191 |
| 6 Month Average | 27.754 % | £35,525 | £163,525 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £113,891 | £111,000 | 10 IVY GROVE |
| 7 Jun 2023 | £118,882 | £116,500 | 30 PROSPECT HILL |
| 5 Apr 2023 | £173,240 | £170,000 | 5 IVY GROVE |
| 17 Feb 2023 | £148,240 | £147,250 | 24 HOBSON STREET |
| 22 Dec 2021 | £129,517 | £120,000 | 20 PROSPECT HILL |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 24 Apr 2017. Using an estimated price of £159,313 means this house is valued at £1,831 per sq meter (£170 per sq foot).
The average size of a house on PROSPECT ROAD is 90 sq meters (969 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Street |
| Jun 2024 | Violence and sexual offences | Offender given a caution | On or near Elm Street |
| Jun 2024 | Other theft | Awaiting court outcome | On or near Elm Street |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Street |
| Apr 2024 | Shoplifting | Local resolution | On or near Elm Street |