£443,397
This estimated value is based upon the latest sale price for the house of £260,000 on 30 May 2012. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £260,000 | 30 May 2012 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,216 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 May 2012 the House Price Index for LANCASHIRE was 87.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.538%.Applying this 70.538% change to the original purchase price of £260,000 results in an estimated price of approximately £443,397.
| 30 May 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.1 | 148.6 | 70.538 % | £260,000 | £183,397 | £443,397 |
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 | 66.882 % | £173,894 | £433,894 |
| 3 Month Average | 55.640 % | £144,662 | £404,662 |
| 6 Month Average | 40.180 % | £104,467 | £364,467 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £58,000 | £58,000 | 108 GOODSHAW LANE |
| 8 Dec 2023 | £107,888 | £106,000 | 3 SPENCER STREET |
| 3 Nov 2023 | £150,224 | £148,000 | 14 ADELAIDE STREET |
| 2 Jun 2023 | £232,820 | £230,000 | 5 ADELAIDE STREET |
| 26 Apr 2023 | £179,432 | £177,500 | 733 BURNLEY ROAD |
This house has a floor area of 113 sq meters or 1,216 sq feet when measured on 7 Feb 2014. Using an estimated price of £443,398 means this house is valued at £3,923 per sq meter (£364 per sq foot).
The average size of a house on GOODSHAW LANE is 196 sq meters (2,117 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Burnley Road | |
| Jan 2024 | Anti-social behaviour | On or near Burnley Road | |
| Jan 2024 | Anti-social behaviour | On or near Burnley Road | |
| Jan 2024 | Anti-social behaviour | On or near Burnley Road | |
| Jan 2024 | Anti-social behaviour | On or near Burnley Road |