£55,375
This estimated value is based upon the latest sale price for the house of £45,000 on 7 Aug 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £45,000 | 7 Aug 2019 |
| Terraced |
| Freehold |
| Floor Area: 26 sq meters or 279 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 August 2019 the House Price Index for LANCASHIRE was 120.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.056%.Applying this 23.056% change to the original purchase price of £45,000 results in an estimated price of approximately £55,375.
| 7 Aug 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.6 | 23.056 % | £45,000 | £10,375 | £55,375 |
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 | 55.420 % | £24,939 | £69,939 |
| 3 Month Average | 36.337 % | £16,351 | £61,351 |
| 6 Month Average | 34.473 % | £15,512 | £60,512 |
| 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 279 sq feet when measured on 27 Jul 2016. Using an estimated price of £55,375 means this house is valued at £2,129 per sq meter (£197 per sq foot).
The average size of a house on ORCHARD STREET is 64 sq meters (691 sq feet).
This house is the smallest in the street with a floor area of 26 sq meters (279 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Orchard Street | |
| 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 |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Market Street |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Market Street |