£120,862
This estimated value is based upon the latest sale price for the house of £90,000 on 6 May 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £90,000 | 6 May 2016 |
| £83,000 | 25 Apr 2006 |
| £59,950 | 23 Jun 2003 |
| £18,500 | 23 Dec 1999 |
| Terraced |
| Leasehold |
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 May 2016 the House Price Index for LANCASHIRE was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £90,000 results in an estimated price of approximately £120,862.
| 6 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £90,000 | £30,862 | £120,862 |
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 | 42.453 % | £38,207 | £128,207 |
| 3 Month Average | 37.515 % | £33,763 | £123,763 |
| 6 Month Average | 34.234 % | £30,810 | £120,810 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Jun 2023 | £12,653 | £12,500 | FALLBARN GARAGE FALLBARN CRESCENT |
| 25 Nov 2022 | £237,128 | £240,000 | 160 BACUP ROAD |
| 27 Jun 2022 | £162,294 | £160,000 | 1 EASTWOOD CRESCENT |
| 31 Mar 2022 | £243,522 | £235,000 | 168 BACUP ROAD |
| 14 Jan 2022 | £178,909 | £170,000 | 232 BACUP ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Victoria Way | |
| Mar 2024 | Anti-social behaviour | On or near Victoria Way | |
| Mar 2024 | Vehicle crime | Under investigation | On or near Victoria Way |
| Jan 2024 | Drugs | Under investigation | On or near Victoria Way |
| Jan 2024 | Drugs | Offender given penalty notice | On or near Lambton Gates |