£617,552
This estimated value is based upon the latest sale price for the house of £475,000 on 3 Feb 2017. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £475,000 | 3 Feb 2017 |
| £186,500 | 19 Jun 1998 |
| £182,500 | 28 Jun 1996 |
| Detached |
| Freehold |
| Floor Area: 230 sq meters or 2,475 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 February 2017 the House Price Index for LANCASHIRE was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £475,000 results in an estimated price of approximately £617,552.
| 3 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £475,000 | £142,552 | £617,552 |
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 | -24.085 % | £-114,401 | £360,598 |
| 3 Month Average | 22.343 % | £106,131 | £581,131 |
| 6 Month Average | 22.990 % | £109,203 | £584,203 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £58,000 | £58,000 | 108 GOODSHAW LANE |
| 3 Nov 2023 | £194,885 | £192,000 | 12 SPRING STREET |
| 14 Jul 2023 | £240,740 | £237,500 | 8 COMPSTON AVENUE |
| 15 Jun 2023 | £230,745 | £227,950 | 3 COMPSTON AVENUE |
| 5 Apr 2023 | £156,687 | £155,000 | 24 HAWTHORNE MEADOWS |
This house has a floor area of 230 sq meters or 2,475 sq feet when measured on 1 Sep 2016. Using an estimated price of £617,552 means this house is valued at £2,685 per sq meter (£249 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 Hawthorne Meadows | |
| Mar 2024 | Anti-social behaviour | On or near Hawthorne Meadows | |
| Mar 2024 | Anti-social behaviour | On or near Hawthorne Meadows | |
| Mar 2024 | Anti-social behaviour | On or near Hawthorne Meadows | |
| Mar 2024 | Anti-social behaviour | On or near Hawthorne Meadows |