£389,200
This estimated value is based upon the latest sale price for the house of £165,000 on 13 Jun 2003. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £165,000 | 13 Jun 2003 |
| £115,650 | 21 Jan 2002 |
| £92,450 | 19 Mar 1999 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 June 2003 the House Price Index for LANCASHIRE was 63.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 135.879%.Applying this 135.879% change to the original purchase price of £165,000 results in an estimated price of approximately £389,200.
| 13 Jun 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 63.0 | 148.6 | 135.879 % | £165,000 | £224,200 | £389,200 |
The Postcode Pricing Model uses changes in average sales price within the BB5 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 | 166.500 % | £274,724 | £439,724 |
| 3 Month Average | 189.423 % | £312,547 | £477,547 |
| 6 Month Average | 206.500 % | £340,724 | £505,724 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Jan 2023 | £168,208 | £169,000 | 5 WESSEX CLOSE |
| 3 Dec 2021 | £178,920 | £167,000 | 432 BURNLEY ROAD |
| 22 Oct 2021 | £123,372 | £111,500 | 496 BURNLEY ROAD |
| 14 Sep 2021 | £264,010 | £245,000 | 5 THE TRIANGLE |
| 10 Sep 2021 | £223,062 | £207,000 | 2 HEADINGLEY CLOSE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 1 Dec 2014. Using an estimated price of £389,201 means this house is valued at £3,384 per sq meter (£314 per sq foot).
The average size of a house on LOWESWATER CLOSE is 177 sq meters (1,905 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Longsight Avenue | |
| Mar 2024 | Anti-social behaviour | On or near A679 | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near A679 |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near A679 |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near A679 |