£449,164
This estimated value is based upon the latest sale price for the house of £274,420 on 21 Nov 2013. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £274,420 | 21 Nov 2013 |
| Detached |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 November 2013 the House Price Index for LANCASHIRE was 91.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 63.678%.Applying this 63.678% change to the original purchase price of £274,420 results in an estimated price of approximately £449,164.
| 21 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 149.7 | 63.678 % | £274,420 | £174,744 | £449,164 |
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 | 6.376 % | £17,498 | £291,918 |
| 3 Month Average | 32.800 % | £90,009 | £364,429 |
| 6 Month Average | 38.722 % | £106,260 | £380,680 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £290,235 | £285,000 | 10 COTTON WAY |
| 27 Apr 2023 | £125,344 | £123,000 | 413 HOLCOMBE ROAD |
| 25 Nov 2022 | £308,557 | £310,000 | 2 COTTON WAY |
| 29 Sep 2022 | £319,786 | £320,000 | 29 COTTON WAY |
| 1 Jun 2022 | £245,242 | £240,000 | 9 COTTON WAY |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 7 Nov 2013. Using an estimated price of £449,164 means this house is valued at £3,872 per sq meter (£359 per sq foot).
The average size of a house on COTTON WAY is 107 sq meters (1,158 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Other crime | Investigation complete; no suspect identified | On or near Cotton Way |
| May 2024 | Violence and sexual offences | Local resolution | On or near Yarn Avenue |
| May 2024 | Violence and sexual offences | Local resolution | On or near Yarn Avenue |
| Jun 2024 | Anti-social behaviour | On or near Bridge End Close | |
| Jun 2024 | Anti-social behaviour | On or near Bridge End Close |