£368,342
This estimated value is based upon the latest sale price for the house of £350,000 on 31 Jan 2022. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £350,000 | 31 Jan 2022 |
| £110,000 | 23 Oct 2008 |
| £68,000 | 24 Jul 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 173 sq meters or 1,862 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 January 2022 the House Price Index for LANCASHIRE was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £350,000 results in an estimated price of approximately £368,342.
| 31 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £350,000 | £18,342 | £368,342 |
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 | -50.425 % | £-176,486 | £173,513 |
| 3 Month Average | -2.844 % | £-9,954 | £340,045 |
| 6 Month Average | 1.993 % | £6,973 | £356,973 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £20,356 | £20,000 | 548 BURNLEY ROAD |
| 29 Sep 2023 | £232,979 | £230,000 | 19 YORK STREET |
| 26 Sep 2023 | £103,321 | £102,000 | 16 YORK STREET |
| 6 Jun 2023 | £296,087 | £292,500 | 1 CO OPERATION STREET |
| 6 Mar 2023 | £232,188 | £230,000 | 2 YORK STREET |
This house has a floor area of 173 sq meters or 1,862 sq feet when measured on 8 Jul 2019. Using an estimated price of £368,343 means this house is valued at £2,129 per sq meter (£197 per sq foot).
The average size of a house on BURNLEY ROAD is 106 sq meters (1,146 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Cross Street | |
| Jan 2024 | Anti-social behaviour | On or near Cross Street | |
| Jan 2024 | Anti-social behaviour | On or near Cross Street | |
| Jan 2024 | Anti-social behaviour | On or near Cross Street | |
| Feb 2024 | Anti-social behaviour | On or near Forest Bank Road |