£86,929
This estimated value is based upon the latest sale price for the house of £55,000 on 28 Aug 2007. This value is then adjusted by the current Official House Price Index for LANCASHIRE 1
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| Price Paid | Date |
|---|---|
| £55,000 | 28 Aug 2007 |
| Terraced |
| Freehold |
| Floor Area: 46 sq meters or 495 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 August 2007 the House Price Index for LANCASHIRE was 94.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.054%.Applying this 58.054% change to the original purchase price of £55,000 results in an estimated price of approximately £86,929.
| 28 Aug 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 149.7 | 58.054 % | £55,000 | £31,929 | £86,929 |
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 | 15.518 % | £8,534 | £63,534 |
| 3 Month Average | 36.203 % | £19,911 | £74,911 |
| 6 Month Average | 37.251 % | £20,487 | £75,487 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £424,355 | £415,000 | THORN HOUSE THE CRESCENT |
| 29 Mar 2023 | £122,038 | £120,000 | 1049A BURNLEY ROAD EAST |
| 26 Oct 2022 | £573 | £575 | 1 LOWER HOUSE GREEN |
| 17 Feb 2022 | £79,234 | £75,000 | 7 TERRA COTTA BUILDINGS |
| 29 Oct 2021 | £118,712 | £106,500 | 2 NORTH STREET |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 28 Jul 2011. Using an estimated price of £86,930 means this house is valued at £1,889 per sq meter (£175 per sq foot).
The average size of a house on BURNLEY ROAD EAST is 100 sq meters (1,084 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Dean Fold |