£1,101,596
This estimated value is based upon the latest sale price for the house of £600,000 on 31 Oct 2005. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £600,000 | 31 Oct 2005 |
| Detached |
| Freehold |
| Floor Area: 236 sq meters or 2,545 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 October 2005 the House Price Index for LANCASHIRE was 81.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 83.599%.Applying this 83.599% change to the original purchase price of £600,000 results in an estimated price of approximately £1,101,596.
| 31 Oct 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 149.7 | 83.599 % | £600,000 | £501,596 | £1,101,596 |
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 | 11.516 % | £69,096 | £669,096 |
| 3 Month Average | 49.259 % | £295,552 | £895,552 |
| 6 Month Average | 55.431 % | £332,588 | £932,588 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £747,984 | £725,000 | 25 JOHNNY BARN CLOSE |
| 6 Dec 2023 | £257,926 | £250,000 | 24 DOBBIN CLOSE |
| 29 Nov 2023 | £743,883 | £725,000 | 24 JOHNNY BARN CLOSE |
| 11 Aug 2023 | £254,592 | £250,000 | 40 DOBBIN CLOSE |
| 28 Apr 2023 | £524,816 | £515,000 | 21 JOHNNY BARN CLOSE |
This house has a floor area of 236 sq meters or 2,545 sq feet when measured on 15 Sep 2010. Using an estimated price of £1,101,597 means this house is valued at £4,657 per sq meter (£432 per sq foot).
The average size of a house on EDGE LANE is 286 sq meters (3,081 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Edge Lane |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Johnny Barn Close |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Dobbin Close |
| Jul 2024 | Anti-social behaviour | On or near Patrick Crescent | |
| Jun 2024 | Anti-social behaviour | On or near Patrick Crescent |