£51,379
This estimated value is based upon the latest sale price for the house of £41,000 on 29 Mar 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £41,000 | 29 Mar 2018 |
| £45,750 | 22 Dec 2015 |
| Terraced |
| Freehold |
| Floor Area: 26 sq meters or 283 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 March 2018 the House Price Index for LANCASHIRE was 118.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.317%.Applying this 25.317% change to the original purchase price of £41,000 results in an estimated price of approximately £51,379.
| 29 Mar 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 148.6 | 25.317 % | £41,000 | £10,379 | £51,379 |
The Postcode Pricing Model uses changes in average sales price within the BB18 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 | 92.112 % | £37,765 | £78,765 |
| 3 Month Average | 46.598 % | £19,105 | £60,105 |
| 6 Month Average | 38.839 % | £15,924 | £56,924 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £92,685 | £91,500 | 4 GARDEN STREET |
| 21 Aug 2023 | £166,456 | £165,000 | 19 KING STREET |
| 4 Aug 2023 | £97,553 | £96,700 | 7 MARKET STREET |
| 28 Jul 2023 | £268,615 | £265,000 | 17 KING STREET |
| 28 Apr 2023 | £113,219 | £112,000 | 7 - 9 NEWTOWN |
This house has a floor area of 26 sq meters or 283 sq feet when measured on 1 Apr 2009. Using an estimated price of £51,380 means this house is valued at £1,950 per sq meter (£181 per sq foot).
The average size of a house on ORCHARD STREET is 64 sq meters (691 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Newtown |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Newtown |
| Jan 2024 | Possession of weapons | Under investigation | On or near Church Street |
| Mar 2024 | Anti-social behaviour | On or near Philip Street |