£912,867
This estimated value is based upon the latest sale price for the house of £499,950 on 22 Nov 2005. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£499,950 | 22 Nov 2005 |
Detached |
Freehold |
Floor Area: 260 sq meters or 2,798 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 2005 the House Price Index for LANCASHIRE was 82.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 82.592%.Applying this 82.592% change to the original purchase price of £499,950 results in an estimated price of approximately £912,867.
22 Nov 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
82.0 | 149.7 | 82.592 % | £499,950 | £412,917 | £912,867 |
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 | 15.695 % | £78,465 | £578,415 |
3 Month Average | 42.413 % | £212,045 | £711,995 |
6 Month Average | 51.385 % | £256,897 | £756,847 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Dec 2023 | £747,984 | £725,000 | 25 JOHNNY BARN CLOSE |
6 Dec 2023 | £644,814 | £625,000 | 507 NEWCHURCH ROAD |
6 Dec 2023 | £257,926 | £250,000 | 24 DOBBIN CLOSE |
29 Nov 2023 | £743,883 | £725,000 | 24 JOHNNY BARN CLOSE |
11 Aug 2023 | £254,592 | £250,000 | 40 DOBBIN CLOSE |
This house has a floor area of 260 sq meters or 2,798 sq feet when measured on 25 Jun 2018. Using an estimated price of £912,868 means this house is valued at £3,511 per sq meter (£326 per sq foot).
The average size of a house on NEWCHURCH ROAD is 118 sq meters (1,274 sq feet).
This house is the largest in the street with a floor area of 260 sq meters (2,798 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Lea Bank | |
May 2024 | Anti-social behaviour | On or near Lea Bank | |
May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lea Bank |
May 2024 | Anti-social behaviour | On or near Lea Bank | |
Apr 2024 | Anti-social behaviour | On or near Lea Bank |