£195,696
This estimated value is based upon the latest sale price for the house of £114,000 on 4 Aug 2006. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £114,000 | 4 Aug 2006 |
| £79,950 | 30 Jan 2004 |
| £37,500 | 12 Jul 1996 |
| Terraced |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 2006 the House Price Index for LANCASHIRE was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.664%.Applying this 71.664% change to the original purchase price of £114,000 results in an estimated price of approximately £195,696.
| 4 Aug 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.664 % | £114,000 | £81,696 | £195,696 |
The Postcode Pricing Model uses changes in average sales price within the BB18 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 | 68.433 % | £78,013 | £192,013 |
| 3 Month Average | 54.297 % | £61,898 | £175,898 |
| 6 Month Average | 59.097 % | £67,370 | £181,370 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £192,592 | £190,000 | 2 TURNER STREET |
| 6 Apr 2023 | £95,023 | £94,000 | 5 CLIFFORD STREET |
| 16 Mar 2023 | £93,380 | £92,500 | 56 RAINHALL ROAD |
| 9 Feb 2023 | £119,919 | £120,000 | 55 RAINHALL ROAD |
| 8 Feb 2023 | £90,939 | £91,000 | 8 UNITY STREET |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 4 Oct 2013. Using an estimated price of £195,696 means this house is valued at £1,747 per sq meter (£162 per sq foot).
The average size of a house on RAINHALL ROAD is 88 sq meters (957 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fountain Street |
| Mar 2024 | Public order | Unable to prosecute suspect | On or near Clifford Street |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Clifford Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Street |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bank Street |