£156,906
This estimated value is based upon the latest sale price for the house of £127,000 on 28 Jun 2019. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £127,000 | 28 Jun 2019 |
| £118,000 | 17 Feb 2017 |
| £85,000 | 30 May 2014 |
| £75,000 | 18 Sep 2009 |
| Terraced |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 June 2019 the House Price Index for LANCASHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £127,000 results in an estimated price of approximately £156,906.
| 28 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.549 % | £127,000 | £29,906 | £156,906 |
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 | 71.648 % | £90,993 | £217,993 |
| 3 Month Average | 44.848 % | £56,956 | £183,956 |
| 6 Month Average | 26.358 % | £33,474 | £160,474 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £107,888 | £106,000 | 3 SPENCER STREET |
| 3 Nov 2023 | £150,224 | £148,000 | 14 ADELAIDE STREET |
| 2 Jun 2023 | £232,820 | £230,000 | 5 ADELAIDE STREET |
| 19 Apr 2023 | £90,980 | £90,000 | 13 BONFIRE HILL ROAD |
| 29 Jul 2022 | £155,418 | £155,000 | 13 SPENCER STREET |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 14 Apr 2014. Using an estimated price of £156,907 means this house is valued at £2,490 per sq meter (£231 per sq foot).
The average size of a house on SPENCER STREET is 76 sq meters (819 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Bonfire Hill Close | |
| Feb 2024 | Anti-social behaviour | On or near Bonfire Hill Close | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Water Street |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Parrock Street |
| Feb 2024 | Public order | Local resolution | On or near Parrock Street |