£949,557
This estimated value is based upon the latest sale price for the house of £540,000 on 5 May 2006. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £540,000 | 5 May 2006 |
| £195,000 | 25 Oct 1999 |
| Semi-Detached |
| Freehold |
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 May 2006 the House Price Index for LANCASHIRE was 85.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 75.844%.Applying this 75.844% change to the original purchase price of £540,000 results in an estimated price of approximately £949,557.
| 5 May 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 149.7 | 75.844 % | £540,000 | £409,557 | £949,557 |
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 | 25.309 % | £136,668 | £676,668 |
| 3 Month Average | 51.316 % | £277,106 | £817,106 |
| 6 Month Average | 57.111 % | £308,400 | £848,400 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £379,950 | £379,950 | WEST LEA COTTAGE WALLS CLOUGH |
| 3 May 2024 | £120,000 | £120,000 | 4 HARGREAVES FOLD LANE |
| 14 Aug 2023 | £236,261 | £232,000 | PEERS CLOUGH COTTAGE PEERS CLOUGH ROAD |
| 30 Jun 2023 | £168,323 | £164,950 | 880 BURNLEY ROAD EAST |
| 10 Mar 2023 | £254,195 | £249,950 | 692 BURNLEY ROAD EAST |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Local resolution | On or near Peers Clough Road |
| Jul 2024 | Other theft | Under investigation | On or near Burnley Road East |