£685,333
This estimated value is based upon the latest sale price for the house of £550,000 on 24 Aug 2018. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £550,000 | 24 Aug 2018 |
| 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 August 2018 the House Price Index for LANCASHIRE was 120.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.606%.Applying this 24.606% change to the original purchase price of £550,000 results in an estimated price of approximately £685,333.
| 24 Aug 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 149.7 | 24.606 % | £550,000 | £135,333 | £685,333 |
The Postcode Pricing Model uses changes in average sales price within the BB7 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 | -0.926 % | £-5,091 | £544,908 |
| 3 Month Average | 24.829 % | £136,560 | £686,560 |
| 6 Month Average | 32.897 % | £180,931 | £730,931 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £435,000 | £435,000 | THE FARMHOUSE PROCTERS FARM WHALLEY BANKS |
| 13 Mar 2023 | £285,772 | £281,000 | 15 KING STREET |
| 10 Mar 2023 | £381,369 | £375,000 | 6 WATERS EDGE |
| 3 Feb 2023 | £221,479 | £220,000 | 6 CALDER VALE |
| 27 Jan 2023 | £300,804 | £300,000 | 4 CALDER VALE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Under investigation | On or near King Street |
| Jun 2024 | Criminal damage and arson | Under investigation | On or near King Street |
| May 2024 | Anti-social behaviour | On or near Berry'S Lane | |
| May 2024 | Anti-social behaviour | On or near Berry'S Lane | |
| May 2024 | Anti-social behaviour | On or near Berry'S Lane |