£111,570
This estimated value is based upon the latest sale price for the house of £42,000 on 16 Oct 2002. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£42,000 | 16 Oct 2002 |
£47,000 | 7 Nov 1997 |
Terraced |
Leasehold |
Floor Area: 147 sq meters or 1,582 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 2002 the House Price Index for LANCASHIRE was 56.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 165.645%.Applying this 165.645% change to the original purchase price of £42,000 results in an estimated price of approximately £111,570.
16 Oct 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
56.4 | 149.7 | 165.645 % | £42,000 | £69,570 | £111,570 |
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 | 111.778 % | £46,946 | £88,946 |
3 Month Average | 173.192 % | £72,740 | £114,740 |
6 Month Average | 191.498 % | £80,429 | £122,429 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Dec 2023 | £237,291 | £230,000 | 4 EAST PARADE |
18 Oct 2023 | £168,835 | £165,000 | 22 KAY STREET |
1 Sep 2023 | £281,199 | £275,000 | 14 HIGHER MILL STREET |
30 Jun 2023 | £275,521 | £270,000 | 26 HIGHER MILL STREET |
7 Jun 2023 | £301,543 | £295,500 | 12 HIGHER MILL STREET |
This house has a floor area of 147 sq meters or 1,582 sq feet when measured on 18 May 2016. Using an estimated price of £111,571 means this house is valued at £758 per sq meter (£70 per sq foot).
The average size of a house on GRANGE STREET is 157 sq meters (1,693 sq feet).
This house is the largest in the street with a floor area of 147 sq meters (1,582 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Grange Street |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grange Street |
Jun 2024 | Anti-social behaviour | On or near Raby Street | |
Jun 2024 | Burglary | Under investigation | On or near Raby Street |
Jun 2024 | Anti-social behaviour | On or near Raby Street |