£189,981
This estimated value is based upon the latest sale price for the house of £160,000 on 25 Sep 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £160,000 | 25 Sep 2020 |
| £112,000 | 30 Oct 2018 |
| Terraced |
| Leasehold |
| Floor Area: 104 sq meters or 1,119 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 £160,000 results in an estimated price of approximately £189,981.
| 25 Sep 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 125.1 | 148.6 | 18.738 % | £160,000 | £29,981 | £189,981 |
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 | 26.891 % | £43,025 | £203,025 |
| 3 Month Average | 33.088 % | £52,940 | £212,940 |
| 6 Month Average | 27.279 % | £43,647 | £203,647 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £112,668 | £111,000 | 10 IVY GROVE |
| 13 Jul 2023 | £334,502 | £330,000 | 21 LEE BROOK CLOSE |
| 5 Apr 2023 | £171,850 | £170,000 | 5 IVY GROVE |
| 17 Feb 2023 | £147,151 | £147,250 | 24 HOBSON STREET |
| 17 Aug 2022 | £149,597 | £150,000 | 17 ALEXANDRIA STREET |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 15 Jun 2012. Using an estimated price of £189,981 means this house is valued at £1,826 per sq meter (£169 per sq foot).
The average size of a house on BURNLEY ROAD is 106 sq meters (1,146 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Under investigation | On or near Elm Street |
| Mar 2024 | Shoplifting | Under investigation | On or near Elm Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elm Street |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Elm Street |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Elm Street |