£39,171
This estimated value is based upon the latest sale price for the house of £23,000 on 14 Aug 2012. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £23,000 | 14 Aug 2012 |
| £45,000 | 21 Feb 2006 |
| £32,500 | 31 Mar 2004 |
| Terraced |
| Leasehold |
| Floor Area: 62 sq meters or 672 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 August 2012 the House Price Index for LANCASHIRE was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £23,000 results in an estimated price of approximately £39,171.
| 14 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.6 | 70.312 % | £23,000 | £16,171 | £39,171 |
The Postcode Pricing Model uses changes in average sales price within the BB5 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 | 52.315 % | £12,032 | £35,032 |
| 3 Month Average | 40.519 % | £9,319 | £32,319 |
| 6 Month Average | 40.536 % | £9,323 | £32,323 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £62,803 | £62,000 | 30 MARSDEN STREET |
| 15 Sep 2023 | £62,803 | £62,000 | 23 CARTER STREET |
| 4 Aug 2023 | £74,653 | £74,000 | 25 CARTER STREET |
| 7 Jul 2023 | £54,737 | £54,000 | 20 CARTER STREET |
| 8 Nov 2022 | £73,114 | £74,000 | 23 MARSDEN STREET |
This house has a floor area of 62 sq meters or 672 sq feet when measured on 7 Apr 2011. Using an estimated price of £39,172 means this house is valued at £626 per sq meter (£58 per sq foot).
The average size of a house on RICHMOND HILL STREET is 97 sq meters (1,045 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Local resolution | On or near Rose Street |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Rose Street |
| Mar 2024 | Anti-social behaviour | On or near Carter Street | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carter Street |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Carter Street |