£126,256
This estimated value is based upon the latest sale price for the house of £92,000 on 30 Jan 2016. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £92,000 | 30 Jan 2016 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 January 2016 the House Price Index for LANCASHIRE was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £92,000 results in an estimated price of approximately £126,256.
| 30 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £92,000 | £34,256 | £126,256 |
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 | 79.345 % | £72,997 | £164,997 |
| 3 Month Average | 60.653 % | £55,800 | £147,800 |
| 6 Month Average | 51.902 % | £47,749 | £139,749 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Nov 2023 | £223,306 | £220,000 | 36 WELLHOUSE SQUARE |
| 25 Aug 2023 | £121,059 | £120,000 | 13 WELLHOUSE STREET |
| 21 Jul 2023 | £192,592 | £190,000 | 2 TURNER STREET |
| 13 Apr 2023 | £117,263 | £116,000 | 13 COOPERATIVE STREET |
| 9 Mar 2023 | £88,786 | £87,950 | 15 HILL STREET |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 22 Aug 2016. Using an estimated price of £126,257 means this house is valued at £1,191 per sq meter (£110 per sq foot).
The average size of a house on RAILWAY STREET is 111 sq meters (1,201 sq feet).
This house is the largest in the street with a floor area of 106 sq meters (1,140 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Under investigation | On or near Railway Street |
| Apr 2024 | Anti-social behaviour | On or near Railway Street | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Railway Street |
| Mar 2024 | Anti-social behaviour | On or near Railway Street | |
| Mar 2024 | Anti-social behaviour | On or near Railway Street |