£201,104
This estimated value is based upon the latest sale price for the house of £162,000 on 30 Nov 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £162,000 | 30 Nov 2018 |
| £136,000 | 21 Dec 2017 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 2018 the House Price Index for LANCASHIRE was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £162,000 results in an estimated price of approximately £201,104.
| 30 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £162,000 | £39,104 | £201,104 |
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 | 8.917 % | £14,445 | £176,445 |
| 3 Month Average | 18.014 % | £29,183 | £191,183 |
| 6 Month Average | 23.132 % | £37,473 | £199,473 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £153,907 | £150,000 | 324 BURY ROAD |
| 21 Sep 2023 | £342,551 | £335,000 | 338 BURY ROAD |
| 5 Jan 2023 | £418,619 | £417,500 | 6 LOWER CLOWES |
| 23 Sep 2022 | £229,846 | £230,000 | 392A BURY ROAD |
| 30 Jun 2022 | £359,689 | £352,000 | 9 HOLMESWOOD PARK |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 25 Jul 2017. Using an estimated price of £201,105 means this house is valued at £2,185 per sq meter (£203 per sq foot).
There is one other house on the street which we know the size of, this is 3 LODGE TERRACE it is 140.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Talbot Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Holmeswood Park |
| Apr 2024 | Anti-social behaviour | On or near Cherry Tree Lane | |
| Apr 2024 | Anti-social behaviour | On or near Cherry Tree Lane | |
| Apr 2024 | Anti-social behaviour | On or near Cherry Tree Lane |