£241,694
This estimated value is based upon the latest sale price for the house of £97,000 on 27 Jan 2003. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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Price Paid | Date |
---|---|
£97,000 | 27 Jan 2003 |
£54,950 | 24 Jun 1997 |
Semi-Detached |
Leasehold |
Floor Area: 79 sq meters or 850 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 January 2003 the House Price Index for LANCASHIRE was 60.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 149.169%.Applying this 149.169% change to the original purchase price of £97,000 results in an estimated price of approximately £241,694.
27 Jan 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
60.1 | 149.7 | 149.169 % | £97,000 | £144,694 | £241,694 |
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 | 97.069 % | £94,156 | £191,156 |
3 Month Average | 164.998 % | £160,047 | £257,047 |
6 Month Average | 175.307 % | £170,047 | £267,047 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Mar 2024 | £119,333 | £117,500 | 28 BRIDGE STREET |
5 Mar 2024 | £101,560 | £100,000 | 5 GREENBRIDGE SOUTH |
14 Dec 2023 | £515,851 | £500,000 | BANKSIDE LUMB HOLES LANE |
27 Nov 2023 | £718 | £700 | 29 COWPE ROAD |
24 Mar 2023 | £213,516 | £209,950 | 8 HARDMAN DRIVE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 17 Nov 2014. Using an estimated price of £241,694 means this house is valued at £3,059 per sq meter (£284 per sq foot).
The average size of a house on COWPE ROAD is 150 sq meters (1,622 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lumb Holes Lane |
Apr 2024 | Anti-social behaviour | On or near Cowpe Road | |
Apr 2024 | Anti-social behaviour | On or near Cowpe Road | |
Apr 2024 | Anti-social behaviour | On or near Cowpe Road | |
Apr 2024 | Anti-social behaviour | On or near Cowpe Road |