£831,723
This estimated value is based upon the latest sale price for the house of £490,000 on 16 Apr 2010. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £490,000 | 16 Apr 2010 |
| Detached |
| Freehold |
| Floor Area: 209 sq meters or 2,250 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 April 2010 the House Price Index for LANCASHIRE was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.740%.Applying this 69.740% change to the original purchase price of £490,000 results in an estimated price of approximately £831,723.
| 16 Apr 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.740 % | £490,000 | £341,723 | £831,723 |
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 | 38.235 % | £187,352 | £677,352 |
| 3 Month Average | 38.795 % | £190,094 | £680,094 |
| 6 Month Average | 40.718 % | £199,520 | £689,520 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £192,461 | £190,000 | 1320 BURNLEY ROAD |
| 24 Aug 2023 | £105,927 | £105,000 | 1296 BURNLEY ROAD |
| 21 Jul 2023 | £250,370 | £247,000 | 10 HEMPSHAW AVENUE |
| 17 Jul 2023 | £532,162 | £525,000 | LANESIDE BARN GOODSHAW LANE |
| 6 Apr 2023 | £166,796 | £165,000 | 1267 BURNLEY ROAD |
This house has a floor area of 209 sq meters or 2,250 sq feet when measured on 4 Nov 2009. Using an estimated price of £831,724 means this house is valued at £3,977 per sq meter (£369 per sq foot).
The average size of a house on GOODSHAW LANE is 196 sq meters (2,117 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Hempshaw Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Penny Bank Close |
| Mar 2024 | Violence and sexual offences | Local resolution | On or near Commercial Street |
| Jan 2024 | Other theft | Unable to prosecute suspect | On or near Commercial Street |
| Jan 2024 | Anti-social behaviour | On or near Park/Open Space |