50 COLVIN WAY

£282,103

Full Address

50 COLVIN WAY
BURNLEY
LANCASHIRE
UNITED KINGDOM
BB12 6BP

Estimated Market Value

£282,103

This estimated value is based upon the latest sale price for the house of £247,995 on 9 Apr 2021. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1

Is this your house?

Get our free house price tracker.

Local Estate Agents

Add your agency here
Transactions for this house
Price PaidDate
£247,9959 Apr 2021
House Details
Detached
Freehold

House Price Models

Land Registry House Price Index Model

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 April 2021 the House Price Index for LANCASHIRE was 131.6.

The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.754%.

Applying this 13.754% change to the original purchase price of £247,995 results in an estimated price of approximately £282,103.

9 Apr 2021 1 May 2024 % change Purchase Price Gain / Loss Estimated Price
131.6 149.7 13.754 % £247,995 £34,108 £282,103

The Postcode Pricing Model uses changes in average sales price within the BB12 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 -13.614 % £-33,762 £214,232
3 Month Average -29.525 % £-73,219 £174,775
6 Month Average -12.073 % £-29,940 £218,054
1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

Price Tracker

  • Receive an alert email on any changes which could affect the price of 50 COLVIN WAY.
  • Alert when a neighbour's house has been sold.
  • Warning when burglaries and other crimes occur in the neighbourhood.
  • Our email alert is totally free and can be easily canceled at anytime.