£147,204
This estimated value is based upon the latest sale price for the house of £110,000 on 30 Sep 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £110,000 | 30 Sep 2016 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 September 2016 the House Price Index for LANCASHIRE was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £110,000 results in an estimated price of approximately £147,204.
| 30 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £110,000 | £37,204 | £147,204 |
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 | 2.123 % | £2,334 | £112,334 |
| 3 Month Average | 37.777 % | £41,554 | £151,554 |
| 6 Month Average | 31.764 % | £34,940 | £144,940 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Mar 2024 | £319,915 | £315,000 | 725 BURNLEY ROAD EAST |
| 4 Dec 2023 | £170,231 | £165,000 | 602 BURNLEY ROAD EAST |
| 11 Aug 2023 | £169,049 | £166,000 | 4 BROCKCLOUGH ROAD |
| 23 Jun 2023 | £193,885 | £190,000 | 16 ELIZABETH STREET |
| 17 Mar 2023 | £152,548 | £150,000 | 1 OSBORNE TERRACE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 27 Sep 2016. Using an estimated price of £147,205 means this house is valued at £2,230 per sq meter (£207 per sq foot).
The average size of a house on BURNLEY ROAD EAST is 100 sq meters (1,084 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Under investigation | On or near School Street |
| Jun 2024 | Anti-social behaviour | On or near Riverside Mews | |
| Jun 2024 | Anti-social behaviour | On or near Riverside Mews | |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Brock Bank |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brock Bank |