£180,947
This estimated value is based upon the latest sale price for the house of £147,500 on 9 Dec 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £147,500 | 9 Dec 2019 |
| Semi-Detached |
| Leasehold |
| Floor Area: 105 sq meters or 1,130 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 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 22.676%.Applying this 22.676% change to the original purchase price of £147,500 results in an estimated price of approximately £180,947.
| 9 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £147,500 | £33,447 | £180,947 |
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 | 43.470 % | £64,118 | £211,618 |
| 3 Month Average | 20.009 % | £29,513 | £177,013 |
| 6 Month Average | 16.931 % | £24,973 | £172,473 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £59,176 | £58,300 | 454 BACUP ROAD |
| 1 Nov 2023 | £106,578 | £105,000 | 12 HOLT MILL ROAD |
| 28 Aug 2023 | £88,777 | £88,000 | 444 BACUP ROAD |
| 14 Aug 2023 | £181,589 | £180,000 | 29 TOP BARN LANE |
| 27 Jul 2023 | £134,409 | £132,600 | 5 FERN LEA STREET |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 23 Aug 2016. Using an estimated price of £180,948 means this house is valued at £1,723 per sq meter (£160 per sq foot).
The average size of a house on BACUP ROAD is 103 sq meters (1,114 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Petrol Station | |
| Mar 2024 | Shoplifting | Under investigation | On or near Petrol Station |
| Mar 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Petrol Station |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lench Road |
| Apr 2024 | Anti-social behaviour | On or near Holt Mill Road |