£172,170
This estimated value is based upon the latest sale price for the house of £145,000 on 24 Sep 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £145,000 | 24 Sep 2020 |
| Terraced |
| Leasehold |
| Floor Area: 96 sq meters or 1,033 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 September 2020 the House Price Index for LANCASHIRE was 125.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 18.738%.Applying this 18.738% change to the original purchase price of £145,000 results in an estimated price of approximately £172,170.
| 24 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £145,000 | £27,170 | £172,170 |
The Postcode Pricing Model uses changes in average sales price within the BB7 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 | 21.470 % | £31,131 | £176,131 |
| 3 Month Average | 20.782 % | £30,133 | £175,133 |
| 6 Month Average | 16.929 % | £24,547 | £169,547 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £234,979 | £231,500 | 11 VICTORIA STREET |
| 28 Jul 2023 | £116,569 | £115,000 | 2 PRIMROSE STREET |
| 20 Jul 2023 | £168,265 | £166,000 | 34 VICTORIA STREET |
| 10 Feb 2023 | £175,037 | £175,155 | 42 NEWTON STREET |
| 27 Jun 2022 | £229,240 | £226,000 | 107 WEST VIEW |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 3 Feb 2020. Using an estimated price of £172,170 means this house is valued at £1,793 per sq meter (£166 per sq foot).
The average size of a house on VICTORIA STREET is 101 sq meters (1,093 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Woone Lane |
| Mar 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near West View |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near West View |
| Jan 2024 | Anti-social behaviour | On or near West View | |
| Jan 2024 | Violence and sexual offences | Local resolution | On or near West View |