£249,261
This estimated value is based upon the latest sale price for the house of £215,000 on 11 Nov 2020. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £215,000 | 11 Nov 2020 |
| £165,000 | 18 Jul 2007 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 November 2020 the House Price Index for LANCASHIRE was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £215,000 results in an estimated price of approximately £249,261.
| 11 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £215,000 | £34,261 | £249,261 |
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 | 13.469 % | £28,959 | £243,959 |
| 3 Month Average | 10.935 % | £23,510 | £238,510 |
| 6 Month Average | 13.910 % | £29,906 | £244,906 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Jul 2023 | £215,399 | £212,500 | 5 POPLAR TERRACE |
| 20 Feb 2023 | £211,857 | £212,000 | 9 POPLAR TERRACE |
| 13 May 2022 | £366,914 | £360,000 | 6 STABLES CLOSE |
| 25 Mar 2022 | £323,314 | £312,000 | 4 RUSHBED DRIVE |
| 11 Feb 2022 | £435,208 | £415,000 | 8 CRAWSHAW GRANGE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 15 Jul 2020. Using an estimated price of £249,261 means this house is valued at £3,195 per sq meter (£296 per sq foot).
The average size of a house on SHORT CLOUGH LANE is 239 sq meters (2,582 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Crawshaw Grange | |
| Feb 2024 | Anti-social behaviour | On or near Crawshaw Grange | |
| Feb 2024 | Anti-social behaviour | On or near Crawshaw Grange | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Reeds Close |
| Feb 2024 | Anti-social behaviour | On or near Forest Bank Road |