£60,304
This estimated value is based upon the latest sale price for the house of £38,500 on 11 Jun 2007. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
There has been one burglary within the last year on or near Herbert Street
More crime details
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Price Paid | Date |
---|---|
£38,500 | 11 Jun 2007 |
£165,000 | 15 Jun 2005 |
Flats/Maisonettes |
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 June 2007 the House Price Index for LANCASHIRE was 93.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 56.636%.Applying this 56.636% change to the original purchase price of £38,500 results in an estimated price of approximately £60,304.
11 Jun 2007 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.7 | 146.7 | 56.636 % | £38,500 | £21,804 | £60,304 |
The Postcode Pricing Model uses changes in average sales price within the BB11 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 | 14.012 % | £5,394 | £43,894 |
3 Month Average | 5.695 % | £2,192 | £40,692 |
6 Month Average | 18.722 % | £7,207 | £45,707 |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Burglary | Under investigation | On or near Herbert Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Herbert Street |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Herbert Street |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Herbert Street |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Herbert Street |