£161,687
This estimated value is based upon the latest sale price for the house of £108,000 on 15 Oct 2014. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £108,000 | 15 Oct 2014 |
| £123,500 | 1 Aug 2005 |
| £37,000 | 1 Nov 2000 |
| Terraced |
| Leasehold |
| Floor Area: 123 sq meters or 1,323 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 October 2014 the House Price Index for LANCASHIRE was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £108,000 results in an estimated price of approximately £161,687.
| 15 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £108,000 | £53,687 | £161,687 |
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 | 49.400 % | £53,351 | £161,351 |
| 3 Month Average | 32.583 % | £35,189 | £143,189 |
| 6 Month Average | 30.996 % | £33,475 | £141,475 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £179,152 | £176,500 | 27 ROCK BRIDGE FOLD |
| 24 Aug 2023 | £121,059 | £120,000 | 624 BURNLEY ROAD EAST |
| 14 Jul 2023 | £157,115 | £155,000 | 3 WEST VIEW ROAD |
| 30 Jun 2023 | £166,973 | £164,950 | 880 BURNLEY ROAD EAST |
| 17 Mar 2023 | £50,476 | £50,000 | 626 BURNLEY ROAD EAST |
This house has a floor area of 123 sq meters or 1,323 sq feet when measured on 3 Dec 2013. Using an estimated price of £161,687 means this house is valued at £1,314 per sq meter (£122 per sq foot).
The average size of a house on BURNLEY ROAD EAST is 100 sq meters (1,084 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Park/Open Space | |
| Feb 2024 | Anti-social behaviour | On or near Park/Open Space | |
| Feb 2024 | Anti-social behaviour | On or near Park/Open Space | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hargreaves Court |
| Jan 2024 | Anti-social behaviour | On or near Sagar Holme Terrace |