£455,103
This estimated value is based upon the latest sale price for the house of £105,000 on 1 Jul 1999. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £105,000 | 1 Jul 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 137 sq meters or 1,474 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 July 1999 the House Price Index for LANCASHIRE was 34.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 333.432%.Applying this 333.432% change to the original purchase price of £105,000 results in an estimated price of approximately £455,103.
| 1 Jul 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 34.3 | 148.6 | 333.432 % | £105,000 | £350,103 | £455,103 |
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 | 289.660 % | £304,143 | £409,143 |
| 3 Month Average | 273.305 % | £286,970 | £391,970 |
| 6 Month Average | 275.756 % | £289,543 | £394,543 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £254,452 | £250,000 | 24 DOBBIN CLOSE |
| 11 Aug 2023 | £252,206 | £250,000 | 40 DOBBIN CLOSE |
| 15 Mar 2023 | £227,140 | £225,000 | 4 LEA BANK |
| 28 Feb 2023 | £349,765 | £350,000 | 566 NEWCHURCH ROAD |
| 25 Oct 2022 | £252,284 | £255,000 | 8 DOBBIN CLOSE |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 12 Jan 2015. Using an estimated price of £455,104 means this house is valued at £3,321 per sq meter (£308 per sq foot).
The average size of a house on NEWCHURCH ROAD is 118 sq meters (1,274 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Lea Bank | |
| Apr 2024 | Burglary | Under investigation | On or near Johnny Barn Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Johnny Barn Close |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Johnny Barn Close |
| Apr 2024 | Anti-social behaviour | On or near Red Hind Close |