£508,252
This estimated value is based upon the latest sale price for the house of £350,000 on 19 Jun 2015. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £350,000 | 19 Jun 2015 |
| £100,000 | 18 Jan 2008 |
| Detached |
| Freehold |
| Floor Area: 181 sq meters or 1,948 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 June 2015 the House Price Index for LANCASHIRE was 102.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.215%.Applying this 45.215% change to the original purchase price of £350,000 results in an estimated price of approximately £508,252.
| 19 Jun 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 148.6 | 45.215 % | £350,000 | £158,252 | £508,252 |
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 | 54.259 % | £189,907 | £539,907 |
| 3 Month Average | 57.602 % | £201,605 | £551,605 |
| 6 Month Average | 45.250 % | £158,375 | £508,375 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £711 | £700 | 29 COWPE ROAD |
| 30 Aug 2022 | £99,732 | £100,000 | 15 BOTTOMS ROW |
| 8 Apr 2022 | £164,768 | £160,000 | STONE ROOST COWPE ROAD |
| 25 Feb 2022 | £210,788 | £201,000 | 21 COWPE ROAD |
| 27 Aug 2021 | £105,983 | £95,000 | 5 SPRING GARDENS |
This house has a floor area of 181 sq meters or 1,948 sq feet when measured on 17 Jun 2014. Using an estimated price of £508,252 means this house is valued at £2,808 per sq meter (£260 per sq foot).
The average size of a house on COWPE ROAD is 150 sq meters (1,622 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Park/Open Space | |
| Jan 2024 | Anti-social behaviour | On or near Park/Open Space | |
| Jan 2024 | Anti-social behaviour | On or near Park/Open Space | |
| Jan 2024 | Anti-social behaviour | On or near Park/Open Space | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Mill Court |